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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 > If it isn"t one bad thing or another
View:
Post by tarsands on Sep 15, 2021 11:56am

If it isn"t one bad thing or another

Chip supplies will not be back too normal or somewhere very near  normal until  2022 (late) or early 2023.

That is the bad news. And so they hit PD & Platinum prices. 

Got PD down too $1940 area, roughly the same as it was right before COVID sh@t hit the fan.

Caught everyone off guard, as they never seen this coming, and never ordered enough from the start of the pandemic, and electronics took over (aka work from home) laptops etc.

Anyways the prices for the commodities have somewhat stabilized me thinks.

But as bad or awful as it looks it  (DEMAND) will come back but in late 2022 or early 2023.

when do we or when are we supposedly starting the build?  Mid 2022 ?

And full production by beginning of 2024?

That is perfect timing, the tightness in chips and auto production will be going gang busters after that.
Comment by JAUBE123 on Sep 15, 2021 12:18pm
Too bad the Algorithms can't take the time to watch the webinars 
Comment by Lifexprt on Sep 15, 2021 12:25pm
Issue here is that we have to means of attracting new investors until material news is released. There are thousands of junior miners across Canada and until someone comes out with material news it's impossible to attract buyers. For time being there is selling pressure from inpatient holders while you have limited buying from outside investors. Once financing is secured on favorable terms we ...more  
Comment by timeoutofmind on Sep 15, 2021 1:00pm
maybe you should tell your exalted management team .... 
Comment by Lifexprt on Sep 15, 2021 1:07pm
I have, they share my views which is why the webinars keep happening. Trying to raise awareness. Not much will change until financing is secured within the next few weeks.
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