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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 Worldchanges88on Sep 19, 2024 12:21pm
71 Views
Post# 36231210

RE:Re Looking into Future Palladium miners etc

RE:Re Looking into Future Palladium miners etcMine is finally bring marketed correctly as a Cooper mine equally. Market cap under $60 million Canadian right now. The math makes sense. Great leadership team with successful track record. Weaton knew what they were getting into buying in for metal streaming. 

Am I happy palladium isn't where it should be? No but copper stabilizing will get this mine built soon. I was a bit early to the party chasing bigger returns but there's isn't another non gold play that I would dump a single dollar into over this. Most of the longs here have cost averaged considerably. My first buy was over cents and bought more above that before getting my cost average down to 35 cents.

Good luck whatever you decide to do. Marathon is investing money in the community. Huge infrastructure upgrade from hydro, railroad is 10 minutes away, marathon has a shipping port that can get up to speed in 6 months and the trans canada highway runs right through marathon. Besides palladium diving this mine is a sham dunk and I'll continue to chip away at my position as new money from other investments maturing becomes available.
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