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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 > Our Current Price Was Discussed Today
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Post by bargnhillbilly on Apr 03, 2023 9:24pm

Our Current Price Was Discussed Today

Jamie did acknowledge our price was about 10% valuation when it should be about 40% at this stage of the game. 10x.60=$6.00 would be close to what that figures. It just looks like the permits and waiting on some government money and bank financing has to happen first. Our team even talked about not wanting a bunch of cheap shares added because their shares would be hurt also. I thought this presentation felt more inclusive for us shareholders. You could tell GENM would of rather been clearing trees and working on roads instead a waiting on permits! If 6ix presents this again? I urge everyone to listen in.
Comment by LEV8ME on Apr 03, 2023 9:42pm
I also found it very interesting that Kerry made it known they have been blacked out for some time but Jamie said they anticipate this to open up some time in the near future. Will be interesting to see it Kerry and Jamie are holding back some dry powder and deploy it!!!  Was also interesting that Kerry commented on the large turnout for the presentation. 
Comment by bargnhillbilly on Apr 03, 2023 10:20pm
I feel our low evaluation,our team in blackout and unable to buy shares and GENM lack of ability to move forward all hinge on getting the permits! PERMITS our #1 stumbling block!  I would think our team would be ready to buy with both hands at these prices when they bought in the dollar range a year ago! I'm hoping to see that 40% evaluation after permits. $2.40 a share would sure look ...more  
Comment by dsdsemma on Apr 03, 2023 10:23pm
I think it would be 4x$0.60 not 10x.  And I think permits are independent of financing, otherwise anyone with a billion $ could start a bad mine. Having said that, I think permits and financing are both coming soon, like a month or two.
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