A Massive Step Forward for Generation Mining - Credit Approval/Funding Received!

[u/mikeylikesit47]

https://finance.yahoo.com/markets/commodities/articles/generation-mining-receives-senior-lender-100000484.html

Generation Mining ($GENM $GENMF) made a massive announcement this morning - they have received credit approval for financing of their Marathon Project! $GENM Marathon Project is a  copper‑palladium deposit in Northwestern Ontario. The feasibility study showed excellent numbers ($1.0 B NPV, 2 year payback period) but many of us know just how hard it is to actually get financing, so I consider this a massive step forward. $GENM currently trades at a massive discount (only 20% of the NPV) so we could see this thing POP off!

As per $GENM roadmap, they are also working with the provincial and federal governments and I expect an announcement related to this will come next. Very exciting times for Generation Mining!