Generation Mining Ltd T.GENM

this is what i read ...

[timeoutofmind]

and this is what a poster at ceo.ca has said more eloquently than I: 

unless i missed something, we may have been mortally screwed ----- 

my understanding is that Generation has taken copper off the table by selling off 100% of Cu production in order to be able to go to a bank and say: "see, we have this predetermined income stream from which we will be able to repay the loan to build a mine, regardless of the price other metals, mainly Pd. Now please write us a cheque for US$500M." In other words, they sold the copper off to build the mine, while not yet disclosing for how much. Depending on where copper is heading, this could be costly for share holders in thhe long run, but it might just have been the clincher to get a financing agreement. Please correct me if I'm wrong.

[AGTCTTWW]

You moron, you got it totally wrong.  This move is the best move that Generation management could have done to build Marathon with as little dilution as possible.  Shareholders will get paid for all that copper, just as they will be paid for all the gold that will flow to Wheaton.  Copper and gold and ot even on the main buffet table, they are just an appetizer. Marathon is