Generation Mining Ltd T.GENM

Copper is the New Oil says Goldman Sachs

[JAUBE123]

600% demand increase base case by 2030. Up to 900%

$8-$10/lbs copper 2030 not far fetched . 

https://www.google.ca/amp/s/www.businessinsider.com/copper-price-outlook-demand-rise-goldman-sachs-sustainability-commodities-2021-4%3famp

[JAUBE123]

They're forecasting copper price to go from $9000 a ton to $15,000 a ton by 2025. Almost double .   

[bargnhillbilly]

The large amount of copper GENM has is a big part of why I bought GENM. Palladium for the near future for reg gas and hybrids and copper for the back half for the EV cars. I did sneak a small buy in the this morning. With the insiders buying at .84 -85 for the last couple weeks. I wouldn't count on this range for too long.. Check it out yourself at Canadianinsider. 

[TrumpThis]

Hey HillBilly, Been in GENM a long, long times  . . .  since DBL days, know Jamie, Kerry, Patty, & Stevie (actually Stephen), but when I finally checked and saw that Jamie & Drew bot significant amounts, I picked up more today @ $0.85 also. I agree, that this range is temporary as GENM is so undervalued with overhang of  ... what will they do on decision  . . . 

[bargnhillbilly]

TrumpThis,Congrads... Anytime we shareholders can buy some as cheap as the Insiders. I feel very Lucky... That'll look pretty good about a $1.50! LOL

[StockDoc60]

Trumpthis ,you are behaving like a sensible investor . Factoring in all the tailwinds for this company and then jumping at the chance to buy shares at the same price or below the pruce ojf management's insider buying .Good on you !! What I don't get is people selling at a price that management is buying at ,knowing all the tailwinds !, I can only assume they are not so savy ,in regards

[skiesthelimit]

I'm starting to wonder if they are starting sell some of the warrants that are well in the money to start paying for the detailed engineering. They said about 15$ million for that alone.  Would be nice to see them put out a news release that says all of the warrants have been turned into $$$$. 

[dsdsemma]

I noticed that GENM posted this article on their Facebook feed too! You know, some quick back-of-the-beer-coaster calculations lead me to the conclusion that, i suppose obviously, if Goldman is right about copper going way up, then the finances of the whole project are a whole lot less dependent on the palladium price.  It could go down by maybe half and the project business case still