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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development 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 Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Bullboard Posts
Comment by Sacks45on Jan 03, 2020 8:30pm
190 Views
Post# 30517279

RE:RE:somebody

RE:RE:somebodyI dont think that is the reason behind this move. I owned Marathon pgm and the stock hit 8.00 at one point then 2008 happend and it went to .70. That's when I bought in. The company went and traded steadily at 1.5 until it was sold for 3.5 plus Marathon gold shares. Genm owns 80 % of the project at palladium price of 1900 as opposed to 500-600 when marathon pgm owned it. You do the math.
Bullboard Posts