Generation Mining Ltd T.GENM

Did they make a mistake? News Release is not worth reading.

[oilsyd]

771 Thousand dollars is next to nothing for a mine that size. 

OilSyd

[LEV8ME]

I got excited at first thinking it was millions not a few hundred thousand. Hardly news from a financial perspective but hopefully it speaks to some sort of confidence that the mine will be built. 

[Specific]

this money is for infrastructure only...a hefty sum Support from the Government of Canada’s Critical Minerals Infrastructure Fund will be used to advance work on transportation infrastructure while we continue to work towards securing construction financing. 

[timeoutofmind]

... and continue to wait for permits. if the feds were so gung ho on this, they could at least get the four-year-in-the-waiting permits loose.  this is loose change, and an insult .... coughed up only because -- probably -- they felt guilty about letting GENM rot. there were six million dollar handouts on the same news release, if you looked. 

[skiesthelimit]

Somewhat disappointed...... makes sense for an after hours release. I did get excited at the release till I read it. Positive is palladium seems to be breaking its downward trend. Russia wants to start stockpiling pgm metals, instead of selling them to China for peanuts. In turn China shorting palladium on the futures contract, and covering with physical palladium.  still long. Longer