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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 oilsydon Jul 21, 2022 6:45pm
119 Views
Post# 34841849

RE:RE:Less than a month until decision

RE:RE:Less than a month until decisionI bought 50000 two days ago.  With only 10000 shares traded up to that point, my buy resulted in a 3 cent increase.  We are trading at very low volumes which often indicates that the share price is about to go through another change.  This change could be up or down, but obviously my own actions indicate my belief in where the share price is headed.  I  completely agree with you.  The selling is done and the only way you are going to invest more than $20000 in this company is to push the share price up.  Technically, it looks good as well.  The divergence with the MACD has continued to increase since my last post which increases the probability of a price reversal and the share price remaining above 55 cents indicates a change in short term momentum.  Combining all of this with an important announcement pending over the next few weeks, I have a favourable view of this company as an investment.

Cheers, Oilsyd

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