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.

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Generation Mining Ltd > Who is selling?

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Comment by StockDoc60on May 05, 2021 12:34pm

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Post# 33132656

RE:RE:RE:RE:RE:RE:Who is selling?

Using your numbers,sack7.

170million shares fully diluted ,with Sibanye buying back in for 206 million ,implies a rock bottom sp of 1.21 or 13% increase from here .

if they buy us out for a50% premium of that price ,that is about 1.80 sp or about 70% sp increas from here .That is a 306/million buy out price .

Im no expert on Buy outs but to me that would be far too low an offer for management to accept considering that they have multiple means to finance and get maybe 5.00++ per share in 3 years
as a producer .

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From now on, dynaCERT instead of Bitcoin or NVIDIA?