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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 Sep 06, 2022 12:55pm
101 Views
Post# 34944275

RE:RE:Fundamentals

RE:RE:FundamentalsInteresting comments - thank you.
I haven't said this for a while but for me the only real question is "Will this be a producing mine?" If yes (which I think most of us here believe it will be), then at this price level for the stock, it's what people like to call a no-brainer - the only issues are timing factors. Like you, I wouldn't be surprised in this bear market, if they get their approvals and the response is still muted. But your Jim Rogers quote is good - this company will be a cash cow once it's producing - so it's all about patience.
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