Generation Mining Ltd T.GENM

BUYOUT decision in June...soon... very soon!

[electriqueman]

WOW! Very good video from GENM. (  https://www.youtube.com/watch?v=mCuOaYxY4HQ  )

I listened to it again to see if I missed anything but basically Kerry Knoll and Jamie Levy say this:

 

1- GENM's Marathon project is the only project in the world that is as advanced as GENM.  The others are way behind. GENM is 6-7 years ahead of the other projects. GENM is the only mine that can come into production in less than 18 months.

2- The demand for PALLADIUM is increasing while the production of the world's mines is decreasing.

3- The Marathon project will be only the 2nd PALLADIUM mine in Canada after Lac des Iles (ONTARIO, Canada).   And the Canadian and American governments don't want to be dependent on China for rare metals anymore, so the mine will almost certainly be built.

4- The IRR of the Marathon project (GENM) is about 38% or 59% depending on the current prices and only 10-15% of the mines in the world have an IRR as good. Even Osisko (Malartic) did not have as good an IRR as GENM.

5- If we compare GENM's Marathon project (palladium-copper, silver, gold) to a gold mine, it represents the equivalent of 299 GOLD EQ (see video at 20:18 min)

6- According to Jamie Levy, GENM is undervalued compared to another palladium project in development (Waterberg, Cote project). He says that Waterberg is 3X the capitalization of GENM for a project that is not as good as Marathon if I understand correctly. (see at 18:50 min and 19:28 min)

7- If Stillwater exercises its option to get 51% of the shares, it will have to pay $206M while GENM's capitalization is only $154M.  So, for less money, Stillwater can have 100% of the Marathon project (GENM) by making a BUYOUT of GENM. (This is likely to happen?)( see at 9:50 min and 33:30 min)

8- Stillwater has told GENM that they will NOT wait until July 21, 2021 to give their decision on the buyout option.  It should be in June according to Kerry Knoll.  So, SOON....

 

Either way GENM is going to be a winner regardless of the Stillwater-Sibanye choice.

 

1- Buyout = very good for GENM shareholders in the short term

2- If Stillwater-Sibanye exercises their option to buy out 51% of GENM = excellent choice that guarantees the financing of the mine and gives a high value in the short and long term.

3- If Sibanye doesn't want anything to do with the project and sells its shares = GENM keeps 81% of the project and we will find another partner soon enough.

 

[JAUBE123]

Solid summary thank you . the Ontario government needs some tax revenue . They can't be dragging their feet on projects like this. Their best bet to recover from the covid hit is to depend on the development of northern Ontario .  I believe the word is getting out about GenM but few are still aware of the economics of this robust project. And a lot are weary to invest big dollars of

[electriqueman]

Moi, j'achete depuis des mois et j'essaie d'accumuler le plus que je peux. J'en ai acheter a 0,96$,  1,00$,  1,10$ et mes dernieres a 1,20$.  Je ne perds pas de temps a essayer de gagner 0,01$, ou 0,03$... J'ai fais mon DD et je crois en GENM et je pense que ca va tripler de valeur sous peu comme l'a dit Jamie dans la video pour rejoindre la meme valeur que

[Sandblaster1980]

merci beacoup.

[oilsyd]

Thanks for the great summary.  Who would want to sell their shares at this point?  But someone sold more than 45000 shares to me at 1.12 this week.  Either they are crazy or I am.  We will know in just a few weeks.  See you then!! GLTA Oilsyd.

[tarsands]

Exactly I said thayt basically a week ago that it seems like all the countries are going too now DE GLOBALIZE, they do not want too see this type of breakdown in the Global Supply Systems again, by outsourcing things. Now alot of that will be brought back home. They will get serious about Nationalizing Critical Metals, as that type of thing has already started too happen around the world. And