Generation Mining Ltd T.GENM

GENM Going Forward

[bargnhillbilly]

If you cant handle a opinion different from your own please stop reading now and put me on ignore!
Now if your still reading? First is it our managements fault our price is this low. No I dont think it is. So what is it exactly? Is it what Simply Wallstreet put in there article. Stating if GENM can't get thru all the necessary steps and permitting in time 
. Either more more shares will have to be issued at a placement price that's less than favorable and  could even stop GENM from Being built? Is there a group of people that want this dragged out so that GENM has financial problems. Maybe another company wanting GENM on the cheap? Everybody wants electricity but not a power station in the back yard. JUNE the last month of the 2nd qtr. What do you think the price will be if no tree cutting and improvements start this month? It was suppose to start 1st qtr. I feel management is getting pulled all kind of ways trying to please all these groups of people. 
I want to see what happens in our meeting last of June. I owned NAM for 4 years. It took me that long to get back to even. To not sell at a loss. I just don't want to see a repeat. Regardless of what you think. I hope all invested make money on this. I'm done!

[Specific]

bargn, tree permits were never expected q1 june was the timeline all along now, from jamies last webinar he states "summer", so july or august i suppose 1-2 months late.....so be it

[oilsyd]

Specific, You are wrong and Bargainbilly is correct.  They did express the expectation that everything would be in place and that tree cutting would have started by now.  Not only did they say this in presentations but JL expressed this to me in a personal email. So JL was over confident about timelines.  It is something that happens to many execs in mining companies.  When

[Specific]

thanks for the clarification oilsyd.  

[bargnhillbilly]

Specific, I hope the market sees it that way. Once investors sell and people think something is wrong. They head for the door. We are seeing that play out today. I hope management addresses this?  Can you imagine today continuing till the end of June? That's exactly what I been writing about! Me? I agree with Oilsyd. I haven't sold a share but this run for the door is not helpful

[Specific]

As Sacks pointed out, if 600,000 shares traded today that's a paltry $270,000. Peanuts in the grand scheme of things I suggest that sellers suspect this is dead money for a few months and I agree. Will summer tree permits spark a rally. Maybe a bit.  But the big news will be financing. I suspect it may not be finalized until q4 when the other permits are granted. until then I don&

[bargnhillbilly]

Specific, I agree. Going from past trades and trading action. I don't see much price appreciation in the near term either. I guess investors think it's dead money in the short term. But we are in a place I never expected to be in this late in the game. Instead of gaining price as get thru the hurdles to production. It seems like we are being punished. This is new to me. I looked earlier