Generation Mining Ltd T.GENM

After permits….

[YQTlanding]

I smell a buyout Q3 2022.  If that is the case the project will be very close to production so more value to shareholders. I believe like others it will be Impala Canada.

I really appreciate that management is aligned with shareholders as to not dilute the stock if avoidable.

Anyone care to guess what management will bring to the table then for shareholders to vote on. Keeping in mind the resources are getting better from the feasibility study. 

What dollar value will be acceptable for buyout?

My guess is 6$

Others with better insight please share.

GLTA especially us longs!

[JAUBE123]

To play devils advocate a little bit: Ok wondering something myself about pricing. If the potential profit of this deposit is 1-1.5b over current life of mine. The buyer still has to pay the 600m cost to build the mine. If they're paying Genm something like 500m on top of that their potential profit gets dinged by that amount. Isn't that a bit less attractive? But looking at comparables, I

[Sacks45]

I believe Npv is after capx is paid. The 1.06 billion is after they payoff the 600 million so whoever buys it would still profit 500 million plus the other potential deposits

[my69z]

Powerline / Chono alone, could more than double the copper by then. Let alone if hit nickel.

[Specific]

the exploration upside here is tremendous !!!

[Specific]

dam, the class clown is back

[timeoutofmind]

no, the only guy that speaks the truth is back. everyone still happy about their investments getting hacked in half ? everyone still confident that the complete absence of a plan or a strategy from the company will set this right ? still happy with your canned webinars ? 

[Sacks45]

You must have a keen sense of smell to be able to sniff that far ahead :). I've been in this project when it was sold in 2010. At the time I didn't care cause commodity prices were not too hot and the green movement had not began. This time around I'd like to see production and once the till is full a full scale exploration program to uncover all the potential. The market is shaky and