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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 skiesthelimiton Dec 22, 2021 7:57pm
186 Views
Post# 34256604

Good volume

Good volume

Over 6.2 million shares traded hands. More than half traded .90c and above. Hopefully that flushed out a lot of weak hands that we're looking for an opportunity to exit. And the buyers hopefully were looking for the vote of confidence we got today. 


kerry did mention sometime ago that we need 60 +- million to get us to start of construction. We got 40 million today with 10 million in the bank ( just a rough guess)  so leaves us just short by 10 million. What's next ? Maybe genm sold their warrants that were in the money? Or will we shortly get to see another money raise? Hopefully a pp is a ways off, but maybe bank loans? I'm assuming banks will wait till permits are in place. So what's next to cover the 10 or so million. Kerry did mention he wants to do the financing in a "package" deal so maybe another indication soon? 


very curious to see what is next, management is on point!!! Kerry did mention that they have a 200+ million stream they were looking at months ago. These guys and girls are exicuting like they say. Very confident in what is said at all the presentations. 


huge candle stick today. Time to go back up to today's 1.05$ high. 


good luck to the people that are here for the long haul. Skies the limit. 

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