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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 Sacks48on Nov 24, 2023 5:14am
196 Views
Post# 35751078

400 million deal

400 million dealIs that still on cause news release states it was expected to close on 3rd quarter.. I believe the plan is either to find a buyer at.50 maybe or use the 15 million  to keep the lights in hopes of price recovery. Maybe they will start in spring but what year wouod that be because I can tell you it won't 2024.

Management is still an A lister. No one could have predicted the tumble of took. I believe prices will be close to 1400 by end of the year I could be wrong but I think I'll be close:)
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