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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Metals & Mining Industrial Metals & Minerals
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

Generation Mining Ltd > From jimbowie on CEO Board
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Comment by StockDoc60on Mar 31, 2021 10:36am
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Post# 32913579

RE:From jimbowie on CEO Board

RE:From jimbowie on CEO Board

That might be a stretch ,but if you reduced Pd price to 2500 ( more likely ) and used your numbers that would be a share price around 20cad !!! Then build  in another 50% reduction we would have 10cad ,which to me is not unreasonable for SP if we are  80% owners of producing mine !,
I'll gladly sell my shares for that 

BTW: Barchart.com is showing the 14 day 30% RSI at .71 cad.  . IMO , the share price has pretty much bottomed out at .77. I suspect a big reversal on any kind of positive news . If it's great news that will happen with a gap up to the 14 day 70% RSI  1.20 cad range , real fast .

 

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