Generation Mining Ltd T.GENM

Renmark Pres. Today & My Thoughts

[bargnhillbilly]

1.Rhodium $17,000. a ounce.GENM has a low content but working with smelters to get a cut of it.
Thoughts? What if we have more than that? We know we have some. Gray area.
2. My thoughts on Palladium & Copper. If one goes down ? The other likely goes up. It seems to be a play off against one a another. It's a win either way. Palladium for hybrids an reg vehicles & copper for the coming electric cars. The Copper was the reason I originally bought in. The copper tipped the scales for me.
3.Permits and approval coming later this year. Also a stream of news on Debt & Financing.
4. The mine will be at the in bottom 4% of Carbon emission. 
Partly due to a electric power line currently being put in.(shouldn't be any reason for protesters)
5.Starts Production in 2024 and Full production 2025.
6. Our current Price, Kerry " At this stage of development our price should be about $2.50 a share."
You could see an feel Kerry's disappointment. Probably should a put this one first. I think we all feel it!
The mine will employ about 400 people and create about 1200 to 1500 jobs for the area.
Feel free to comment or correct any mistakes I made. GLTA

[dsdsemma]

Thanks.  Nothing re Wheaton deal being finalized?

[skiesthelimit]

Government delays on paper work. Hoping by the end of this month. Maybe early March. Cited COVID delays with government. Go figure. 

[Sacks2022]

What does government have to do with it?

[Ivorygull]

WPM requires Title to the land that GENM is on. That's where the governemnt comes in....it would be the provincial government. Where I live, It takes for ever to get a mortgage on a house, never mind this. The bank loaning the money, want title to your property, and guess what, the clerk that works at the Lands Title couldn't gives two hoots on a good day if we want the share price to

[skiesthelimit]

Just saw sacks question. Couldn't have answered it better myself. Ivory glad you did well with gbr, I did well also but didn't wait for the buyout, shucks.  Let's hope we have the same outcome here. 

[Sacks2022]

Thank you for answering my question. Since you guys are familiar with Gbr what are your thoughts on TGM?

[Ivorygull]

Sacks2022, I haven't looked at them, but I took a quick look at the board and see that on Jan 27th, Specific gave an answer :) Honestly though, I haven't looked at any other in the Red Lake area. For gold, I went in a bit on NFG, New Found Gold, and will likely come out of it a bit and buy into LAB Labrador Gold, which is right next door to NFG and a fraction of the price. You'll do

[Ivorygull]

Thanks skies, glad you did good too with GBR. I check their board and see that lookingforclues still hasn't found any ;) I didn't expect I was going to sell all mine, but did the last week of December, and all my GBRR as well. At first I bought more GBRR then thought they arent going to go up for years until Kinross does something, if they even exist in a few years. So I bought in here

[Specific]

all i can add is that when Kerry was asked about a partner......he said that a partner "may" come in i believe that genm will get all the money they need to finance this mine...debt, equity and perhaps a jv partner.  they have all the contacts and the economics of this project pave the way he also referred to the lassonde curve and pointed out that genm was just starting the final

[skiesthelimit]

I really agree with your last statement. He speaks very openly, and doesn't really hide things.  Awesome to have management of this calibre.