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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 Specificon Feb 02, 2023 8:26pm
222 Views
Post# 35263754

recap of kerry's dec 13 presenation

recap of kerry's dec 13 presenationin no particular order

if....... there is any additional streaming it would be with wheaton

10-15% of debt needs to be equity

EDC loan up to 200m is still in play....and in US dollars!   ( i did not know US bucks....nice)

there has not been any discussions about a buyout (because they are intent on building this mine)

undervalued he says.....should be 3 times hier ( .80 then ....so 2.40 at some point he claims )

3 permits to obtain....as early as march and as late as may

total 5 star infrastructure

they are expecting a 20-25% increase in capex.......

final numbers expected to be out by the end of feb

and the best part was.......... "i can tell ya, it's all going to happen in the next several months"

https://genmining.com/investors/events/

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