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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 marcroberton Jul 19, 2021 11:59am
74 Views
Post# 33569437

RE:The market is throwing a fly into the ointment

RE:The market is throwing a fly into the ointmentmarket way overbought, commodities will revert to mean, always a risk for mine devt during boom times is that by the time you really ramp up, things can go south fast. that,s what happened in 08,i'm sure we'll get financing in place since its imminent and health situation even if a concern again will ebb and flow.

the fundamental story is based on mid to long term commodity outlooks, and that dictates where the big money goes (such as debt financing). some on the froth is coming out, i have no doubt that some or non specialized funds will be getting nervous about backing early stage commodity plays, but that does not affect genm, the quality is there at every level. 

good luck  
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