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 > Technical comment

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Post by Rainydayon Jan 26, 2024 10:59am

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Post# 35847024

Technical comment

The stock is UP today (poor TOOM) and I'm still of the same mindset I was last month.
The 30 day Moving Average (MA) is flattening and the price is a snick higher than the 30 day MA.
The 60 day MA is still trending down (as it was last month) and I'm waiting for an entry point that is still 2 or 3 cents higher. It looks encouraging right now but I'm still waiting for a more convincing MA before I average down.

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