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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 tarsandson Jul 23, 2021 6:44pm
196 Views
Post# 33599973

RE:RE:Put my two cents in

RE:RE:Put my two cents in
What do we know for facts?

That SS wanted all the facts or details about the FS and other data. They also knew others had  taken a look into the data room, and were a waiting on them too make a decision. In fact the others may have been in the room when they were. Could not discuss matters though.

But the SS guys are sharp and listen too their boss who pays them. Were they trying too boost us, in a way as some others mentioned?

Trying too screw us around with the decision and time line ?  Waiting for the near last day too outright say NAH NO THANKS.

Not even an offer by the sounds of it, like hey we will give you $300 million and then we will shelve it. Mothball it.

They needed their money too do other things , like clean up their own production model. ESG funds are getting serious about going clean. From Coal and Diesel generation too Solar or Hydro alot cleaner right. Keeps the BIG FUNDS HAPPY WHICH ARE REALLY THE PEOPLE (aka pension funds).

Can"t beat us on that one for sure.

But was it delay tactics on their part. And then they ran the clock out and had too say.

Now we are free, with 82% or so.

But we got a chain still on our leg and its name is LUCILLE nah I digress. LOL>  Thinkin of the movie THE WALKING DEAD. 

But ya we still have a 18% or so dead partner who seems too not want too do anything but sit on its behind and get diluted?  so its pay up or get diluted , which I think Kerry said that after about a years time and they would be like a negiligible partner with next too zero percentage.

So why are they then dragging their feet? STILL, either sell your part or contribute too keep your 18 or so %.

Because maybe these AHOLES are not going too contribute anything too help us too move faster?

They like being a burden, because they know its harder too get financing for a mine if you have a ball and chain around your anklle and its name is SS with 18% ownership and they are not contributing in any shape or form.

Just a thought for the weekend.
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