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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

Comment by bargnhillbillyon Mar 26, 2021 6:18pm
215 Views
Post# 32891356

RE:New Age

RE:New Age I owned shares of New Age Metals for 4 years. I sold the last of my NAM this week for my last buy of GENM. Here's a snippit from their latest news. The company has recently completed a Preliminary Economic Assessment on the project and subject to financing, plans are to complete a Prefeasibility Study by the end of the 1st quarter of 2022. So, yes NAM is far behind GENM and that's why I'm here! NAM has The River Valley Project which is their flagship of PGMs and they also have a Lithium Division and the Genysis project that need funding. Eric Sprott has been their life saver so far.  I see about a 3 year timeline at NAM before much mining is done on PGMs. GENM sold off alittle more than we like this week but it changes nothing long term. I think GENM was dropped to let a special group a buyers in. I"ve seen that many times thru the years. GENM held up well today and looking good for next week. Just my 2 cents.
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