Oct. 8 at 5:47 PM
$GENMF Investment thesis I found interesting here:
https://www.cruxinvestor.com/posts/generation-mining-emerges-as-premier-critical-metals-development-opportunity-in-north-america
Basically permitted miners are typically traded at 50-80% NPV (Net Present Value)
GENM NPV is
$1BILLION, market cap is
$173MILLION, so it is at about 17% NPV (above article at time of writing was 10% NPV (100million market cap))
I am bullish still, and will continue to wait on financing news, this should help the stock get closer to the 50-80% NPV value