u/GeorgeHWBushDied2Day

The author argues copper demand is structurally accelerating from AI data centers, electrification, EVs and grid expansion while new mine supply takes 18-30 years to develop, creating a persistent deficit. NovaRed Mining is presented as sitting at the very beginning of the supply pipeline with a ~16,000-hectare British Columbia land package, ~$37M USD enterprise value, over 2,062 hectares secured at the Plume target and 2026 geophysics authorized toward drill targeting. The thesis is that earliest-stage discovery optionality gets repriced in a market where future copper supply is hard to build; the author marks it NFA and the main risk is the pre-drill exploration stage.