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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 StockDoc60on Sep 02, 2021 9:58am
105 Views
Post# 33800163

RE:RE:RE:Great results!

RE:RE:RE:Great results!
YQTlanding wrote:

The driver is the permit to build the mine. That's when I see GENM's sp taking off.  Interest will definitely be spiked then and then I see a possible buyout. This is a long term play for me.


I'll see this through to buyout or mining. I do believe more than a few interested parties are watching this closely and will be in active bidding for a buyout.



I'm with you on that ship YQT . 

Mine development doesn't happen overnight . it will take some time to get a huge  return unless you were able to be an original investor

Best you can do is to assess all the pros and cons ,then continually reevaluate at each step along the way. If the plan is still being executed properly stick with it ,IMHO .

The volatility can sometimes test your resolve but that is part of the price you must pay if you invest in Junior miners . Of course traders will capitalize on this and make some $$ along the way which is all part of the game . Myself,I'm not a trader so I'm in for the 5-10 bagger .

In this case , timeline to production , is relatively short  so the SP will certainly move upwards to new plateaus long before then .
 

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