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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 Thatchcayeon Feb 27, 2020 10:19pm
119 Views
Post# 30744565

No connection with palladium price

No connection with palladium priceThere is a total disconnect between palladium prices and GENM. People are selling GENM or market makers are dragging it down based on the overall stock market, but the undervaluation is ludicrous. These guys have $30 billion in known/inferred reserves and plenty more on unexplored sections of their property. Even if palladium were to go down to $1200, they would still be tremendously profitable. At $2700 an ounce, they are printing money. There are times where the stock market stops making sense and this is definitely one of them.
Bullboard Posts