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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 Supertweetyon Oct 13, 2022 5:29pm
134 Views
Post# 35023522

RE:RE:RE:Spike to 0.70

RE:RE:RE:Spike to 0.70I agree with you LEV8ME except for your arithmetic mistake. I just watched the Denver Gold Group Generation Mining presentation from about a month ago, Jamie said US$200 million from Export Developement Canada which is C$250 million and C$250 million from European Banks, for a total of C$500 million. Jumping between Canadian dollars and US dollars does get confusing. Add in the C$240 million from Wheaton and that makes the total C$740 million available to build the mine. I didn't hear Jamie say anything about The European banks requiring Generation Mining to sell some shares. Maybe even with inflation C$740 million  will be enough to build the  mine, and there will be no need for a shared dilution. 
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