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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 IgnacioCashmereon Jul 16, 2021 8:43pm
137 Views
Post# 33564451

RE:Monday to Thursdays

RE:Monday to Thursdays
Kerry mentioned in an interview a few days ago there had been 40 inquiries in to their project. Also, should SBSW not buy back, Generation would be hiring a team of specialists to identify & assign the best option available. Therefore, i don't expect any announcement following the Sibanye decision. Kerry also mentioned they have not been negotiating with other parties, only saying we have to wait for the decision. A Sibanye No is the time to entertain other possibilities, & they are aplenty. I expect a drop in SP with a Sibanye No, but it will be all for the best. With so many competing to be a part of this mine, the offers will be very sweet in our favor. Taking their time to decide who they partner with means the other parties will have to make the best offer possible, not some cheap "you need us more than we need you".
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