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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

Comment by marcroberton Dec 11, 2023 3:30pm
91 Views
Post# 35778525

RE:RE:Can Marathon make any money from copper alone?

RE:RE:Can Marathon make any money from copper alone?china copper use in isolation would probably support the price tepid recovery, although you would think the property mess there would reduce copper demand in construction while ev production soaks some of it up. The world is also making more and more hybrids, toyota and others are accelerating hybrids. Ev growth is slowing in n america anecdotally in favor of hybrids also. 

more hybrids = more palladium

lots of tax loss selling going on here... not sure how palladium can be so cheap, is there an issue with the way its measured? (of course there is)
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