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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 Rainydayon Jan 29, 2024 1:16pm
167 Views
Post# 35850818

Halt coming?

Halt coming?The exchange has probably been in touch with GENM but has not seen apprpriate to halt trading. It's fun to speculate as to the possible reasons why. It could be as simple as they have received a proposal  (financing or acquisition or something else) but  the Board doesn't plan to accept it. Or maybe it's something else. But the company hasn't (yet) put out a "nothing we know of" announcement either.  Fun to speculate !
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