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Bullboard - Stock Discussion Forum Generation Mining Ltd GENMF


Primary Symbol: T.GENM

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... see more

TSX:GENM - Post Discussion

Generation Mining Ltd > Another possibility
View:
Post by Rainyday on Jan 31, 2024 11:31am

Another possibility

I'm seeing a lot of trades in excess of 100k (volume now over 4 million) and I'm wondering if perhaps we have both a major buyer coming in and an existing large shareholder selling out.  Hmmm.
Comment by Rainyday on Jan 31, 2024 11:44am
Checking the key shareholders from the GENM presentation suggests a couple of possibilities (as well as Sibanye) as possible sellers. BTW, these 100 and 200 thosand share trades are largely going through on the smaller exchanges where they are not as immediately visible to the public. Pre-arranged sales?
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