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 > I'm Still Digesting Drilling News

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Post by bargnhillbillyon Mar 08, 2024 2:05pm

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I'm Still Digesting Drilling News

Normally when a company drills the stock goes up. If people think the odds are good at striking pay. But here we are 3 plus years into building a mine and have a Do - Over. Nobody expected Palladium prices to crash. But here we are drilling to find more copper to offset Low Palladium prices. Our team must think this has to happen to open the mine. So how much does the drilling cost and does GENM have enough money to pay for it? Does all this change our timeline to open the mine? If a placement has to happen? I would wait till the drilling struck some pay and stock price went up. If they can? Final, I realize this has to happen but how much does this change things?

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