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 > First time in months that Pd spot and futures are disconnect

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Post by AGTCTTWWon Nov 29, 2022 11:20am

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Post# 35136715

First time in months that Pd spot and futures are disconnect

Pd spot and future had been trading for months 1:1 ratio, but this appears to be ending with spot lower than futures by about 5% today.

Not sure what to make of it or what is the cause.

Good thing is, both prices are well within the GENM management middle road assumptions.