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

Comment by IgnacioCashmereon Apr 30, 2021 2:04pm
171 Views
Post# 33102410

RE:TOOM

RE:TOOM
You make valid points. Sibanye seems to me to be torn between the options. They don't want another major to gobble this up on the cheap, but to do that, they have to buy in back to 51%. They also don't want to be an operator & the constructor, reading their past statements. It's not for lack of information Sibanye is stalling, they know everything needed to know about the economics for a long time. It seems to me Sibanye has communicated a generous complete buyout is still possible to keep this playing out for as long as possible. If you already know what you are going to do, why stall, there's no economic benefit. Me thinks other majors want a chance to buy in to this & that is one thing Sibanye cannot stomach. Our team is not to blame for dragging this out as long as possible.
<< Previous
Bullboard Posts
Next >>