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Bullboard - Stock Discussion Forum Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development stage company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Company also has a number of other exploration... see more

TSX:GENM - Post Discussion

Generation Mining Ltd > Big volume today
View:
Post by Rainyday on Nov 27, 2023 2:22pm

Big volume today

2:20 EST - 900k shares traded on TSX +  all the other Canadian exchanges - none in U.S.
Comment by Specific on Nov 27, 2023 3:13pm
certainly tons of shares, but because the sp is so dismal (around a 4 year low...ouch) the dollar value is only about $200,000 tax loss selling i assume, all shareholders have paper losses....could very well be more to come i'm not seeing any sp appreciation until 2024....hope i'm wrong
Comment by timeoutofmind on Nov 27, 2023 5:48pm
This post has been removed in accordance with Community Policy
Comment by Rainyday on Nov 28, 2023 11:55am
While there may be more tax loss selling - there are always a few who don't sell until the end of December - there has already been a fair bit occur, the price is extremely low and, except for those who have been into a few hot stocks this year, many investors don't have a lot of gains to shelter by unloading their losers. However, I agree that there probably won't be much share price ...more  
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