Generation Mining Ltd T.GENM

Pd futures and spot up ~$100 today to ~ $@2768

[AGTCTTWW]

The live spot ASK is inching its way to $2900.  I don't think we ever saw $3k futures price, but that may be about to change.
------------------------------------------------

Palladium Futures - Jun 22 (PAM2)

2,768.27 +103.37

(+3.88%)

16:21:23 -Real-time Data.

Currency inUSD

(Disclaimer)

• Prev. Close:
  2,664.9
• Bid/Ask:
  2,767.20/2,769.35
• Day's Range:
  2,619.00 - 2,786.77

Live Palladium Price 

 

MARKET IS OPEN (Will close in 39 mins.)

Mar 03, 2022 16:21 NY Time

US Dollar

 Oz Gram Kilo Pennyweight (DWT) Tola Tael (HK) 

2,708.00Bid

2,858.00Ask

High: 2,876.00Low: 2,584.00

+98.00+3.75%

[Sacks2022]

If they put sanctions on buying commodities from Russia then 3000 will be cheap?

[JAUBE123]

I think as we're already seeing with oil , we're going to see with everything else that comes out of Russia. Major oil companies are cancelling projects. They want nothing to do with Russian oil. If you're helping Russia make money you're helping fund their genocide in Ukrain. Companies are going to try to steer clear and probably pay a premium source from somewhere else. This

[AGTCTTWW]

I agree with regard to inflation, but I disagree with regard to Russian oil.  Either way, the metal is still in the ground, so this could act as a hedge for GENM investors. Russia will do it's thing in Ukraine, get all the concessions it can and then likely things will go back to 'normal'. Or...this is not the first time Russia's invaded Ukraine...NATO may take takes a

[CravingProfits]

only a united world front will solve the Russian situation. The Russin populations are only paowns to the rulers. Peace is never a bad solution is it?

[Specific]

good posts AGT you said ...." Russia will do it's thing in Ukraine, get all the concessions it can and then likely things will go back to 'normal'. question......what are concessions thanks in advance

[CravingProfits]

I could be totally wrong but the Russians (Putin) does not want Ukraine to be to Russia what Cuba wa to the USAas far as military threats. Complicated issues but still not worth civilian lives. Who has the power to dictate who should occupy pieces of land? Being Canadian...Quebec aspired to the same but being a democracy, we went to vote and not war!

[AGTCTTWW]

Thanks, Specific. I prefer to keep the discussion focussed on GENM and I don't really know enough to answer your question well.  If I had to guess, concessions to stop hostilities (achieved under threat and/or by force, like Crimea in 2014) could include pretty much anything that fits Putin's vision of a Russian empire inclusive of Ukraine: territorial and economic concessions

[AGTCTTWW]

Industrial buyers are likely sitting on small piles of Pd by now to keep them going (i.e., stock piling in anticipation that the price would go up in the run up to the war.)  But who knows, it all depends on how long the disruption will last.  There is also a far away place called China that doesn't GAF... Have you seen any Pd streaming deals in the past few weeks/months? This