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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 Sacks45on Aug 15, 2022 12:31pm
83 Views
Post# 34896780

RE:The clock is ticking…ev’s on the rise

RE:The clock is ticking…ev’s on the riseYou gotta think about this. At this point there is not enough minerals out there to fulfill the ambitions the author speaks off. Also when he says 1 in 13 nothing is mentioned about what portion is hybrid. The push to electric vehicles is only in 1st world countries, most second and all thirds populations cant afford these cars. The author is quick to mention that charging a car is equivalent to .30 cents per liter, yet he forget to add the difference in price to that equation. For example a Ford f150 electric comes in at almost 30,000 more than the gas one. You must calculate that into the gas cost when considering electric/hybrid. Finally the most absurd statement is that electric cars are becoming more affordable with new models coming into the market. ( that statement made me laugh a bit) Last time I checked you can get a gas car for as low as 25k, show me one electric car that is remotely close to that It is obvious that the author wrote this vague article based on personal feelings and not rigorous research. Until 2035 electric cars won't put any meaningful pressure on PGM's
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