Generation Mining Ltd T.GENM

Good volume

[Rainyday]

Thanks Tarsands. I'm seeing over the last couple of days some solid looking buys for 20, 50 and even 100k shares - looks to be the buying of investors (who are looking for more than a few pennies of upside) not traders, although some could be. Volume is strong - at some point the sellers will be finished - whether that's @70 cents or not - well, we'll find out.

[Sacks45]

I bought 40k today @ .70 All that's needed is patience. We know that the land has a profitable resource. Accumulation is happening and dummies are selling. When we get closer to financing deal this will start moving again. Hope it happens before the sellers take us much lower.

[Rainyday]

I only bought 7,500 shares - it was all I had money for in one of my accounts. As you said, patience is the key and accumulation is happening. Once the market sees that the company can raise the hefty amount they need (without Sibanye) in capital this will get much more attention and the share price will rise - possibly very quickly (I've seen that before). 

[Lifexprt]

Good buys. Last time I added was at 80. Already have more than some directors and will have to leave it at that amount for time being, well unless it tanks lower.

[Mistyblue]

US Funds Generation Mining Limited stock upgraded to Sell Candidate. (Updated on September 16, 2021) Sell candidate since 2021-09-10 Loss -10.20% PDF   The Generation Mining Limited stock price fell by -1.69% on the last day (Thursday, 16th Sep 2021) from $0.56 to $0.55. and has now fallen 7 days in a row. During the day the stock

[Sacks45]

Wouldn't that be downgraded to sell rather than upgraded and junior stocks do not follow charts or indicators as one mews release can send a stock rocketing or diving.

[IgnacioCashmere]

That's an AI generated algorithm technical analysis. Who knows who their target audience is, it could be people looking to short penny stocks. If their market is short sellers Sell is an upgrade. There's a multitude of AI "analysts", they use the same tactics boiler rooms used 40 years ago. If you make enough predictions, you will be right often enough to 1-2% of the choices &

[Mistyblue]

Thank ou IG precisely, just another piece of a larger puzzle to beconsidered or discarded.

[Mistyblue]

SACKS it would sure help if you read the entire analysis.  Upgraded from a STRONG SELL toa Sell....

[Sacks45]

You are right when I read the 1st few lines I realized that this is irrelevant to juniors. Also wouldn't a 30% drop still be considered a strong sell.

[Mistyblue]

In my situation a 10% drop would be a STRONG sell...

[dsdsemma]

Really? With the company's fundamentals and financing options closing today? I guess we'll all have our boundary conditions.  Personally I wish they'd announce what happened with the site visit and the closure of best and final bids.  Only people who hung around for the end of the 6ix presentation heard about the ~7 proposals and the 20% partnership offer.

[tarsands]

I wonder who the partner is for 20%? SS?  LOL> Maybe they had a epiphany moment?   Maybe its Randy Smallwood / Or Glencore? Whomever it is they can take SS"s portion.  One hand washes the other hand. We all seem like we are all hungary for some news. Well sounds like a couple of weeks from now we will have some.