Generation Mining Ltd T.GENM

Financing: Think outside of the box

[Supertweety]

Maybe one of the large car manufacturers approached Generation Mining with a financing offer. It would be in GM's or Ford's best interest to nail down a local supply of Palladium with all the potential  future supply problems in Russia and South Africa. They could loan the whole capex at 2% interest plus the right to buy all of the Palladium at 90% of spot prices for the life of the main deposit (about 13 years).  The car manufacturer would make a profit on this deal plus secure a supply of Palladium.

[skiesthelimit]

https://www.e-mj.com/news/us-and-canada/mitsubishi-buys-into-stillwaters-marathon-project/   Very possible Mitsubishi was already involved in the marathon project once before in 2012. Bought 25% of the project for 94 million, with the option to buy 100% of the pgm production.   

[Specific]

Marathon PGM (ceo Phil Walford) sold the project to Stillwater and Mitsubishi.  marthon pgm went on to become Marathon Gold in Nfld. where they found a good quantity of gold.  Ceo was Walford up until about 2 years ago.   marathon gold has been very successful and will be producing gold in about 2 years or so..... I reckon genm will be producing a bit after  phil

[JAUBE123]

Would love to see that same MarketCap here. 

[Sacks45]

Yea I was in Mar when Stillwater bought them then added to the Moz shares that I got in the deal. Waited 10 years or so then sold all my shares around 2.6 and went all in here. In hindsight it was a bad move for me but eventually it will be a good one. Reason for my move is first I knew the project well and 2nd it's so rare to find a company that manages to buy a great project and be at the