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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

Post by Supertweetyon Dec 04, 2022 9:46am
269 Views
Post# 35149318

GENM legal department probably busy this week

GENM legal department probably busy this weekI'm sure Genm will be getting  a flood of new "Non Disclosure Agreements" this week. Now they have government approval everybody's gonna want a piece of this mine. I would love to be a fly on the wall to see who's interested. I believe a financing deal has not been announced, not because inflation is messing up the numbers, but because something bigger is on the horizon. Whether it's a new owner or some type of financing deal not through a bank. GENM can't tell shareholders anything because of all the nondisclosure agreements they have. A new owner with tons of cash from their producing mines will have no need for bank financing. 
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