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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 WigitGidgeton Apr 24, 2023 12:52pm
191 Views
Post# 35410620

Comparable Mines?

Comparable Mines?

Does anyone have any insight as to similar mines currently operating which look like what GenM proposes to be in 2 years or so? It's preferable to look at a Canadian mine over other jurisdictions to understand geopolitical/geographic aspects. So is one of the BC mines currently in operation at all comparable? Knowing that GenM is going to output concentrate, how does their projected output stack up against other companies that in operation? How about the scale of them compared to existing mines putting out concentrate?

For example anyone care to muse about how a company like Taseko stacks up in scope, output etc? They once traded at 8 dollars, are currently at 2.3. I'm going to assume some of that is because there is a law of diminishing returns once a resource operation has been in operation over time. 

Since GenM is a junior, I realize it's a lot of spazz math and pure speculation, but when you're a kid you look at how tall your siblings and cousins are :) 

I'm frankly astonished that the VW battery news today and all the news flap about critical minerals/batteries/green/transfer from fossil fuel etc etc etc has not illuminated GenM with more attention. 

 

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