Bullboard - Stock Discussion Forum Generation Mining Ltd GENMF

Primary Symbol: T.GENM

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... see more

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Generation Mining Ltd > I have owned these shares since 2020 and I am losing patienc

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Post by seriousinvest on Jun 22, 2024 12:18pm

I have owned these shares since 2020 and I am losing patienc

Is there any reasonable prospectss that they will begin construction of the mine this year and is there any hope that the stock would ever exceed $1? I have, at least on paper, lost a lot and I don't know if it is worth continuing to hold and hope for a recovery.

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Comment by Specific on Jun 23, 2024 8:47pm

i don't anticipate construction any time soon, or at least until pd recovers significantly and cu gets back to, and stays above $5/lb, with a longer term view of a supply - demand imbalance many pundits foresee steadily increasing prices for cu pd on the other hand, who bloody knows ev sales growth is slowing and hybrids are gaining traction....both good for pd one would think i will be ...more

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