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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

Post by my69zon Sep 10, 2021 4:16pm
132 Views
Post# 33841266

Gold & silver will be financing

Gold & silver will be financingJuly 22nd he said funding would be by "4th qtr". 
So today comment is in-line with that & i pointed it out few days ago.

BUT --- honestly can't tell if it will now be the $50m up to production need,
or a full gold/silver stream now for that Aug 25th comment of.....

"in excess of $200m, for a very,very small portion of the metals"

When i asked on Tuesday about why not taking the $200m, he said because
of a better deal. 

Let's get it!!! Glta!
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