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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 dsdsemmaon Jul 23, 2021 1:12pm
182 Views
Post# 33596598

RE:Put my two cents in

RE:Put my two cents inYou know, I disagree that Sibanye is still in it.  Like a lot of people I thought they were posturing by talking the palladium market down, in order to suppress the buyout price.

But they pretty clearly believe what they're saying, that they'd rather be in battery metals and gold.  They had Genm's full attention and could have gotten a good deal outside of competition, but that's gone now.  They have no reason to start a bidding war except to get rid of their current share.  But why make something look very attractive when you just said No to it?
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