Generation Mining Ltd T.GENM

A tale of 2 stocks

[Rainyday]

August 2020 is a date that is being benchmarked for GENM and the point is being made that its done fine since then. Out of curiousity, I checked a stock I owned but sold around August 2020 between $2.30 and $2.50 (Discovery Silver - huge property in Mexico). It's currently trading at about half of the 2020 price (pretty typical for junior companies in this market) and has been as low as 90 cents (just like GENM bottomed out 2 or 3 months ago @ 51 cents). As I was saying in my other post the market is what it is - but all things considered GENM is doing fine and complaining about the fact it's not higher really isn't very useful.

[AGTCTTWW]

I agree, Rainyday.  Fine is a relative term in this instance.  GENM when compared to many companies in similar situations, throughout the junior mining sector and considering the market over all, has done considerably better than many others over the medium and long term.   And for good reason. There is also the fact that the projects that go from exploration to to become