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Bullboard - Stock Discussion Forum 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... see more

TSX:GENM - Post Discussion

Generation Mining Ltd > Who's selling?
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Post by marcrobert on Mar 10, 2021 12:31pm

Who's selling?

Sprott? others? FS completion is usually a key trigger for easy money guys to get out?

genm - Are they really going to build this mine? or can the exit strategy be something else? It's ambitious, $650M to start, long time for costs to creepi up like in 2007, lots of disasters happened back then, although it doesn't look like the banking system will implode this time round.

What is your exit strategy ? what price would sprott be selling at in your opinion?

trying to decide if 91 cents is a good entry point, assume most here are sub 50 cents
Comment by Worldchanges88 on Mar 10, 2021 1:28pm
I loaded up more at 91. If you look at the last 2 months there's been a good amount of tree shaking. Low 70s was a bargain after the first run up to 96 now we seen a glimpse of 1.20 and I'd say a 20-25 percent haircut is great value. Others on here if you flip back a few pages talk about what the mine could he worth. Theres price targets done by industry experts that put us anywhere from ...more  
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