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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

Post by dsdsemmaon Apr 14, 2021 3:31pm
124 Views
Post# 32994407

Production decision, Sibanye interest

Production decision, Sibanye interestYou know, I'm thinking that GENM mgmt won't disappoint us, they've kept their promises so far and deserve respect for that.

im thinking the production decision is coming fast, and I personally don't think sibanye is going to dilly dally.  They've been involved in this property for quite a while, they still own a big chunk of shares, they've seen the data all along and now the DFS for at least several weeks.  I think they'll make an offer for the whole thing before too much more good news comes out.  They like energy metals and, setting aside palladium for a minute, a juicy copper deposit close to production in a friendly jurisdiction with market price increases likely coming may be enough to draw them all in.  They know the sharks are circling, would look dumb to let it slip out of their hands.

Just my $1/50.
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