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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 Oct 06, 2023 10:06am
103 Views
Post# 35672959

notes from my sept. 6 and 15 presentations

notes from my sept. 6 and 15 presentations govt mine closure details mid to late oct.

additional permits this fall

$400m deals with banks ongoing - govt money is possible

in march it was stated that that an equiy raise is probable.  nothing about that since, but i think that it is a certainty (unfortunately markets have been absolute trash and looks like will be for a while)

jan. - start early works on the property.  Jamie went on to say that genm has a very good construction team/contractors

from apr. 27 - nda's signed re. take out, but not likely in near term.  (the name Sibanye has popped up from time to time imo)

anyway, genm is in limbo for a bit.  i expect clarity soon and a re-rate well before year end

fingers crossed for the mine closure permit





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