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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 bargnhillbillyon Dec 02, 2022 1:33pm
168 Views
Post# 35147031

RE:Today & Going Forward

RE:Today & Going ForwardSo we all expected the market to deliver us a dollar plus a share on Government approval but we got  .91 and are holding in the high .80s at present. I believe financing (just a head) will give us another bump but how long does that bump last? Ed Rose's post does have a point. It's a long time till we mine in 2024 and we need cataylsts and goal posts to get to $2-$3 area. Management bought a lot of their shares around the dollar area. How does that factor in? "What if 2023 is a doldrum year?" Are we going to be setting at $1.00 - $1.50 the first half of 2023 when the trees are being removed and the Mill is concreted into place? I'm just throwing it out there.  If we want the $3.00 plus a share? I can see this going to 2024 to get it. I think it's ahealthy discussion to have. Comments?
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