Bullboard - Stock Discussion Forum Generation Mining Ltd T.GENM

Alternate Symbol(s): GENMF

Metals & Mining Industrial Metals & Minerals

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

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Generation Mining Ltd > Yesterday’s GENM presentation

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Post by Supertweety on Mar 28, 2023 8:57am

Yesterday’s GENM presentation

Good presentation from Kerry. Sounds like they've been shopping on craigslist again. Kerry stated they purchased a surplus's or used Electrical Transformer Thing from another mine that GENM will need when they hookup to the Canadian Power Grid. Good Job. Add that to the used construction camp and surplus ball mill they purchased early last year. Saving investors money already.
Kerry also stated even with inflation and the new CAPEX numbers and latest metal prices The mine should make an after tax profit in it's first full year of production of about $300 million. Even with some Share Dilution because of financing requirements that still works out to about $1.50 earnings per share. I like that number !!!

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Comment by LEV8ME on Mar 28, 2023 9:20am

I agree the presentation was good as well. Kerry's demeanour wasn't quite as good as last weeks presentation but was still very good. Some great new information and gotta love the news the yesterday. Updated FS is imminent, and numbers look good. Federal budget day today - fingers crossed!

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