Generation Mining Ltd T.GENM

Alternate Symbol(s): GENMF

Metals & Mining Industrial Metals & Minerals

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.

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Generation Mining Ltd > Less than a month until decision

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Comment by oilsydon Jul 21, 2022 9:48pm

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Post# 34842105

RE:RE:RE:RE:RE:RE:RE:Less than a month until decision

Remember, they have been offered a billion dollars in funding. Knoll has said several times that they are trying to avoid an equity financing. They could still do an equity financing, but I think it would have to be on good terms in order for them to agree to this. Currently, the share price is way too low. On the other hand, company execs often say tney have no need to finance through equity and then do it anyway.

GLTA

Oilsyd

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