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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 StockTradeGuruon Oct 27, 2023 9:34am
190 Views
Post# 35703807

More Fairy Dust Valuations in the Press release missing ..

More Fairy Dust Valuations in the Press release missing .."The feasibility study update estimated a net present value (using a 6-per-cent discount rate) of $1.16-billion, an internal rate of return of 25.8 per cent and a 2.3-year payback. The mine is expected to produce an average of 166,000 ounces of payable palladium and 41 million pounds of payable copper per year over a 13-year mine life (LOM). Over the LOM, the Marathon project is anticipated to produce 2,122,000 ounces of palladium, 517 million lb of copper, 485,000 ounces of platinum, 158,000 ounces of gold and 3,156,000 ounces of silver in payable metals."

Notice these liars are inflating the numbers when PALADIUM IS SINKING TO LOWS!
They are bsing  shareholders using pie in the sky prices that are not even realistic today.
What price are they basing this valuation?
They dont even tell you LMAO
They want you to lap it up because share holders need pie in the sky hope.

Lets see the valuations at 1000$ paladium


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