Generation Mining Ltd T.GENM

thoughts from seasoned JR investors

[KIMAUI]

I'm a jr. in Jr. Mining investing (5 years young) - hoping for some seasoned investors to help shed a light on today (and last weeks) action. It can't be as simple as a select few keeping this low? Volume is up and movement is down, which doesn't score well on charts - thoughts?

[Rainyday]

The major selling the last few days has been coming from RBC - for example, 150,000 shares this morning was sold by RBC to Anonymous. My guess is tax loss selling - or it could be the seller has other plans for the money - but the point is this is not widespread selling pushing the price down.

[Rainyday]

I'm seeing a steady stream of sells from RBC - evidently not finished liquidating the position. I said last week the low volumes (from other than RBC) and current price action may continue until we get into the new year. That's not uncommon at this time of the year. In the absence of any fresh new news to attract new buyers over the next couple of weeks I continue to think that's

[AGTCTTWW]

Do you recall Rainyday, whether RBC ever had any analysts covering GENM? TIA.

[Rainyday]

Don't think so - but they have been active buyers and sellers so they may have done some analysis that they keep in house.

[skiesthelimit]

Rbc doesn't see any news coming soon since Jamie is able to buy on the open market.  This triggers them to move the price around, mainly because anonymous was doing a lot of the the buying on rbc sales ( anonymous could be rbc). They could be closing out some accounts to take advantage of "losses" by opening new ones. So they get the the tax credit while holding onto shares. Low

[Mercuryfilling1]

glta to all us little fish trying to make a big splash.  Cheers to that!

[Sacks48]

In no way do I claim to be a seasoned investor as I've been overcooked and burned many times:) The global economies are bracing for what some are saying will be the second worse economic hardship since 1929 GD. It's understandable with the reckless way the feds have been pulling the trigger on rate hike after rate hike bulldozing the lower and now middle class while they are at it. Unless