Generation Mining Ltd T.GENM

Alternate Symbol(s): GENMF

Metals & Mining Industrial Metals & Minerals

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

Generation Mining Ltd > PALADIUM IS SINKING TO 500$ OZ GENM IS DONE!

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Comment by Supertweetyon Nov 07, 2023 1:22pm

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Post# 35721842

RE:PALADIUM IS SINKING TO 500$ OZ GENM IS DONE!

Not likely. If both platinum and palladium drop to $800 and ounce. The only PGM mine in the world that would remain open is Norilsk in Russia. It would be unprofitable for all the PGM mines in South Africa, and the US to stay open. Run the the numbers: The Marathon mine is still profitable at $800 Palladium and $4.00 copper.

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