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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 YQTlandingon Jun 24, 2021 6:15am
149 Views
Post# 33440071

RE:RE:RE:RE:RE:RE:Folks at the table?

RE:RE:RE:RE:RE:RE:Folks at the table?

I played enough poker in my life to not show my hand. Let's hear an offer first!

If buy out is in the cards, many steps to get there. First buy back to 51%, with a $230 million cheque to GENM then SBSW may want to buy a few shares in the open market as not to pay a premium for all. The buying of course would have to be made public. Then a buyout for the remaining  shares at a premium!!!

Drill results for 1-2 holes should be coming up shortly. 

Exciting times ahead!

GLTA especially the longs!!!
 

 

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