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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 Nov 30, 2022 12:00pm
100 Views
Post# 35139994

RE:GENM is on the Pentagon's wishlist

RE:GENM is on the Pentagon's wishlistThat's one of about a dozen possible reasons GENM hasn't announced a financing deal. They have dozens of nondisclosure agreements on their desk right now. Management has to be careful about what they say to the public. We can just speculate. Several of the nondisclosure agreements could be buyout proposals by larger mining companies that want the ink dry on Government approval and no other bank financing deal. Just the Wheaton Streaming deal. Also there could be all kinds of other financing proposals, i've read a lot of articles lately of GM and other car companies during joint ventures for critical minerals. Good News for GENM share holders: every possible scenario ends with us making a lot of money.
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