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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 > PALADIUM IS SINKING TO 500$ OZ GENM IS DONE!
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Post by 1GordonGekko on Nov 07, 2023 1:05pm

PALADIUM IS SINKING TO 500$ OZ GENM IS DONE!

GENM is telling tall tales
No one here has the guts to adress the elephant in the room.

Genms presentation and pump is all based on fairy tale fantasy land !
They have been trying to sell this hole in the ground based on phony baloney numbers!
On their presentations they say Paladium will be 1800$ an Oz!

PLEASE.. WHAT A JOKE!
Will they get the mine going...
Oh sure probably
Mind you on the TBTN  news last night they had the caribou story playing again.

That sure wont help.

Listen folks
Go and look at the price of Paladium
it is sinking!!!!!!!!!!!!!!
DId you bother to look at a long term chart of it!
Nah
History never repeats and rinses over and over again.
PALADIUM IS GOING TO 500$ AN OZ
Even if it bases here at around 1000$ it means that the valuation Jamie is pumping is way too high
almost 100% over what they will get per oz.

They just diluted the stock and will continue to give themselves cheaper shares with rights and options.
Go look at the rights .
Now they issued FLOW THROUGH SHARES.
99.99 PERCENT OF THE TIME THAT HAPPENS THE STOCK DROPS .
Its a tax right off scheme.

This company has a book value below the current price

This is the risky time
No mine
No metals taken out and processed or sold

How long will that take to happen?

Between now and then
Paladium sinks
500$
Comment by Rainyday on Nov 07, 2023 1:16pm
Member since earlier this morning.  Enough said.     :))
Comment by 1GordonGekko on Nov 07, 2023 1:21pm
why dont you adress the facts! BECAUSE YOU ARE SCARED OF THE TRUTH
Comment by Supertweety on Nov 07, 2023 1:22pm
Not likely. If both platinum and palladium drop to $800 and ounce. The only PGM mine in the world that  would remain open is Norilsk in Russia. It would be unprofitable for all the  PGM mines in South Africa, and the US to stay open. Run the the numbers: The Marathon mine is still profitable at $800 Palladium and $4.00 copper. 
Comment by 1GordonGekko on Nov 07, 2023 1:40pm
Not likely? You have not studied markets much or at all. Marathon is not Profitable at $800 dollars What a lie! Again you have not factored in reality of todays costs. Funny even the Town of Marthon had to cut short their own towns construction projects because the costs of material and labor together doubled the costs. What measure of finacial math does mainstreet value a mines worth? Want to ...more  
Comment by Enforcer26 on Nov 07, 2023 4:39pm
Genm has nothing to do with the cutback of pebble beach project if this is what you are referring to
Comment by bargnhillbilly on Nov 07, 2023 4:49pm
I think the Palladium price will correct. Nobody is buying EVs in America. Our big 3 Automakers have basically moved back to Hybrids. But this retooling is gonna take a while. I think in 6 months we will see Palladium increase significantly. Remember, Hybrids use almost double the Palladium reg gas vehicles do. I'm  more worried about delay delay and how long will our creditors wait! I ...more  
Comment by KIMAUI on Nov 07, 2023 2:22pm
I've heard this rant before?? 
Comment by Rainyday on Nov 07, 2023 2:24pm
Yes - it does sound strangely familiar, doesn't it?
Comment by Sacks48 on Nov 07, 2023 2:27pm
I think palladium is going to 1 million million dollars
Comment by 1GordonGekko on Nov 07, 2023 2:28pm
Its legitimate rant isnt it! Genms rant is based upon numbers that are not based in reality of today or even in a yr. But no one wants to talk about the numbers or adress it. Gold and Silver are  WAY more attractive than Paladium  just based on the reality that they are in a BULL market! PALaDIUM IS IN A BEAR MARKET SINKING AND THAT IS JUST A FACT!
Comment by Sacks48 on Nov 07, 2023 2:30pm
Someone woke up on the wrong side of bed today lol
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