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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 oilsydon Jul 18, 2021 1:37am
126 Views
Post# 33566143

RE:RE:RE:RE:RE:RE:Is it 100% certain

RE:RE:RE:RE:RE:RE:Is it 100% certainNo it does not,

The costs needed to get the mine going for will be much lower for GENM if they have 51%.  Future revenue goes down by 37%, but initial mining costs go down much more.  Not sure what the value is though and don't care to estimate within just 3 working days of a Sibanye decision.

GLTA

Oilsyd
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