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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 > Why is anyone selling this stock ???
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Post by Supertweety on Dec 27, 2021 8:05am

Why is anyone selling this stock ???

There is now a 99% chance this mine will be built and fully operational in about 3 years. At $2000 Palladium and $4.50 Copper this mines first full year of production will have earning of about $450 -$500 Million US dollars. That will work out to over $2.00 Earning Per Share US Dollars for the first full year of production. To be extra conservative I used $900 instead of $800 per ounce all in costs in my calculation. My question is still: What idiots are selling their GENM stock at these low prices?
Comment by Sacks2022 on Dec 27, 2021 8:34am
Some people have trippled their money so they choose to cash out. Can't blame them as for me I'm hanging in till the end or close to it. New name for what I believe will be a great 22. Dumb and dumber are on ignore on this account as well.
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