Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 StockDoc60on Aug 11, 2020 5:55pm
177 Views
Post# 31395158

Palladium demand vs price question

Palladium demand vs price question

Great to see that insider buying ! Added to my position today ! I feel that there will be upgrades in deposit numbers this fall and this is a bit of a tip off to investors !!

Been trying to read as much As possible on future demand via car sales (ice and hybrids ) .Seems like production and sales may be down a little in near to medium term . Also, a little uncertain about SA and Russia production 

Question: If these events cause a drop in price , what can we expect as a reasonable price come 2023 when production might occur ??

I know , I'm asking for some crystal ball gazing but give it your best shot at a base case price .
with some rationale if you can ? 
 

I feel that 1275 is safe. ( only because this management team ,I feel ,like to underestimate and over deliver  based on track record )

Bullboard Posts