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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 Rainydayon Jul 21, 2022 9:39am
62 Views
Post# 34840000

RE:RE:Weekly letter

RE:RE:Weekly letterGood point Ebankbank - and he addresses that point in his weekly letter. Junior mining companies are all down about 50% in this market. Companies posting exploration results that are quite decent - but not spectacular - are getting trashed mercilessly. But the current price decline in copper is not sustainable, certainly not sustainable if the new copper supplies that are needed over the next couple of decades are going to be developed. 
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