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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 > From jimbowie on CEO Board
View:
Post by tarsands on Mar 31, 2021 9:32am

From jimbowie on CEO Board

https://longforecast.com/palladium

Would be nice eh?, too see $5000 + palladium in 2023 - 2024 - 2025

It would be a freakin cash COWWWWW!!!

What 245,000 ozs per year of Palladium Equivalent .

245,000 x $5000 = 1.225 BILLION Dollars / lets say by then they have 200,000,000 shares outstanding by 2024 when the mine opens.

That would be $6.125 in cash flow per share give it a 7 x multiple and its a $43 dollar stock.

I"ll take $45 for mine LOL> would be nice for sure. 2024 say mid year a $45 stock. It is in my dreams and is a slight and possible reality in my view
Comment by StockDoc60 on Mar 31, 2021 10:36am
That might be a stretch ,but if you reduced Pd price to 2500 ( more likely ) and used your numbers that would be a share price around 20cad !!! Then build  in another 50% reduction we would have 10cad ,which to me is not unreasonable for SP if we are  80% owners of producing mine !, I'll gladly sell my shares for that  BTW: Barchart.com is showing the 14 day 30% RSI at .71 ...more  
Comment by PrussiaProfit on Mar 31, 2021 11:06am
Dont get me wrong, I'd love these prices more than anyone but what are they basing these numbers on? Seems too good to be true.
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