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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 Supertweetyon Nov 09, 2023 9:06am
127 Views
Post# 35725668

Nothing makes sense. So much contradictory information.

Nothing makes sense. So much contradictory information.I just went online and keyword searched the word Palladium, news within the last 30 days. Half of the articles are positive on the future of Palladium and half are negative on Palladium. Funny thing, the negative articles all just state electric vehicles being the end of Palladium but give no other facts or reasons. The articles positive on the future of the Palladium all give all kinds of facts, statistics and numbers to support their clames. 
One interesting article on AI states the increase need for precious metals to make the chips for AI including Palladium. Big interesting fact here almost nobody is pointing out. Electric vehicles have Palladium in them, it's in the hundreds or thousands of computer chips in the vehicles. About 1/2 gram to 1 gram total of Palladium in each electric car. Everyone's cell phone even has some Palladium in it.
Todays Palladium price makes no sense. I read more articles on South African PGM mines making cutbacks because of the low platinum and palladium prices. But auto manufactures are consuming more Palladium than last year. Today's Palladium Price makes no sense. 
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