Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 rockmoneyon Jan 16, 2023 12:47pm
95 Views
Post# 35225931

RE:RE:Financing Interest From Over a Dozen Lenders!

RE:RE:Financing Interest From Over a Dozen Lenders!
No dilution is a fantasy for a junior like Genm. They are not a major and have no balance sheet. It's a one asset company and there will be dilution if they want to finance the capex for the mine project. With cost inflation, that capex number is going a lot higher for sure. Debt and streams will only cover part of this. Question will be, what will common shareholders be left with? Reality in junor investing, is "buy on mystery, sell on history." Genm is in the mine development history phase.
<< Previous
Bullboard Posts
Next >>