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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 Rainydayon May 02, 2023 11:19am
100 Views
Post# 35425129

RE:RE:RE:It's going to be a mine

RE:RE:RE:It's going to be a mineI'm not adding here (although I'm tempted) because (a) I have plenty and am sitting tight and (b) we could get a shakeout in the general market over the next couple of months so I'm not adding much of anything (although watching to get back into oils and I'm long gold stocks). As for dilution, my "working assumption" (and that's all it is) is that there will be some dilution - in the order of 100 million shares (perhaps more) but, yes, some dilution. I don't know if that expectation is shared by others and priced into the market. What do others think?
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