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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
Post by Mookster3on Jan 04, 2020 10:51am
128 Views
Post# 30517994

palladium price history

palladium price historyIt's even better than that.  Palladium has only traded above $500/oz since 2010 (except for a one year blip in 2001). Prior to that, palladium generally traded in the $200/oz range and was generally considered as some minor garbage that could juice up the platinum grades a bit in pgm deposits. Now tables have turned and platinum @ $987/oz is becoming the minor garbage that can juice up the palladium grades @ $1987/oz, a bit.  Investors are perhaps starting to take notice as Friday saw 14% gain on GENM with 5 times the normal volume. Could get interesting when pd breaks $2000/oz.

The Mookster   
Bullboard Posts