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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 Supertweetyon Nov 15, 2021 7:34am
124 Views
Post# 34126142

RE:Right entry point for Genm

RE:Right entry point for GenmMy two cents worth on the price of Palladium. I think the chip shortage and the supply lines problems are going to stay around for another year to 18 months. I don't feel auto makers will be able to get into full production for another 18 months. But once the auto factories are in full production with the high demand for new cars the price of Palladium will skyrocket. Bottom line, look for Palladium prices to stay around $1900 - $2300 for the next few years. But just about the time the Marathon Mine is open and at full production look for Palladium prices to be $2500 - $3500.
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