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.

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Generation Mining Ltd > MD&A

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Comment by Supertweetyon Nov 14, 2023 7:52am

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Post# 35733773

RE:MD&A

I went to GENM homepage and read the whole thing. Big pit in my stomach now. Looks like the only hope now is if the Canadian government gives them grant money to finance the rest of the building of the mine. The good news is; I ran the numbers at $1000 palladium, and $4.00 copper and the mine would still be profitable. Earnings per share of more than the current stock price.

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