Chile just reminded me why I do not want to sleep on early copper names like NovaRed Mining Inc CSE: $NRED/ OTC: $NREDF
When the world’s largest copper producer prints a 13.8% YoY production drop, I pay attention. Chile’s April copper output fell to 399,954 metric tons from 464,056 metric tons a year earlier. That is a decline of roughly 64,102 metric tons in one month versus last year’s level. And the explanation matters even more: low ore grades at major companies.
Low grade is not a cute little headline problem. It means more rock, more energy, more processing, more capex pressure, and harder output growth. Chile also showed broader weakness: manufacturing down 2.5%, food production down 7.7%, and metal products production down 15.4%. That tells me the copper supply chain is not exactly running like a Ferrari right now.
Meanwhile demand is going the other direction. Global copper demand is projected to move from 28M tons in 2025 to 42M tons by 2040, a +14M-ton increase and roughly +50% growth. The potential shortage by 2040 is around 10M tons/year.
That is why I keep watching $NRED. Wilmac gives NovaRed 16,078 hectares in British Columbia, roughly 10 km west of Copper Mountain, with copper-in-soil values up to 1,125 ppm Cu. Add MetalCore AI, Patent Application No. 19/680,101, and Ed Kostenski’s 43-year equipment / finance / execution background.
My read is simple: old giant mines are showing cracks, and the West needs new copper optionality. NovaRed Mining Inc is still early, still speculative, but that is exactly where the torque can live.
Target board: C$3.25 median/+65.82%, high estimate C$4.95/+152.55%.
https://t.co/mJ4ExSblNI
DYOR. Risk is yours, but so is the upside.
George W. Bush saw the American Dream founder. NovaRed Mining Inc CSE: $NRED/ OTC: $NREDF now gets the project-finance operator 💼⛏️
Ed Kostenski’s story has layers.
He started Nationwide Equipment around age 20.
Built it from 1983 into a global equipment / finance platform.
Got recognized by President George W. Bush in 2004.
Spent decades around mining equipment, construction machinery, marine equipment, exports, infrastructure and finance.
Then the numbers start stacking:
$1B+ Forbes-reported funding history.
About $1.35B - $1.4B today.
$500M - $1B Ghana finance discussion.
Reported $1.3B Tanzania loan pipeline.
Project references:
$98.9M River State Monorail.
$50M Pride Cabinda offshore drilling platform.
$45.77M Sam Houston dredger.
$43.1M jackup barges.
Now this guy is part of $NRED.
For a junior copper-gold company, that adds serious depth around finance, infrastructure, equipment and execution.
The 1-year forecast makes the risk/reward look even more interesting:
C$3.25 median target = +65.82%
C$4.95 high target = +152.55%
Previous close: C$1.96
https://t.co/wcqp0rRPV3
NFA. Either you’re early or you’re exit liquidity.
I am 27 and my Roth IRA just hit $54,000 for the first time.
I am shaking.
At this rate I might finally be able to take my first vacation at 59 1/2. The hard work will be so worth it.
BREAKING: Taiwan’s stock market surges to its highest level on record, now up another +50% this year.
Taiwan now has the 5th largest stock market in the world.
I keep saying NovaRed Mining Inc isn’t acting like a basic junior. This EXIM Africa background adds a serious finance angle.
#NOLIMIT#sstvi#TejRan $BYND $TTD $LOCL
A 10-member U.S. EXIM Africa advisory veteran just joined the $NRED team 🏛️🌍
This is the part I think traders should read twice.
Ed Kostenski was appointed in 2005 to the U.S. Export-Import Bank’s 10-member Sub-Saharan Africa Advisory Committee.
That committee was built to advise EXIM on expanding U.S. exports and economic engagement across Africa.
Why does that matter?
Because mining projects are not just rocks.
They are:
- equipment
- export finance
- bank guarantees
- logistics
- sovereign relationships
- infrastructure planning
- political-risk judgment
- project execution
EXIM’s 2005 annual report gives the scale of that ecosystem:
- nearly $14B in authorized financing
- supporting around $18B of U.S. exports
- over 80% of transactions benefiting small businesses
That does not mean NovaRed Mining Inc CSE: $NRED/ OTC: $NREDF gets EXIM money tomorrow.
But it means Kostenski has been inside serious export-finance conversations before.
Now he is part of NovaRed’s team through the Advisory Board.
And NovaRed Mining already has a copper-gold story with scale:
- 16,078 ha Wilmac project
- British Columbia
- about 10 km west of Copper Mountain
- Quesnel porphyry belt
- up to 1,125 ppm Cu
- MetalCore AI platform
Platform:
https://t.co/sNoJi9l27M
For me, this is a major advisory upgrade.
NovaRed just added someone who understands how big mining/infrastructure systems actually get financed and moved.
Not financial advice. Smart money moves before news.
$AMZN $NVTS
I like when a small cap has multiple hooks. NovaRed Mining Inc has copper, BC, AI mineral evaluation, and supply-chain upside
#jinxmanhwa $UNH $BYND $GE #TejRan#sstvi
⚡ I’ve been digging deeper into NovaRed Mining Inc CSE: $NRED/ OTC: $NREDF because NovaRed already sits on 39,726 acres near Copper Mountain Mine with 1,125 ppm Cu anomalies, 2 intrusive centers identified and targets extending to ~4,921 ft depth while delivering +2,714.29% yearly growth. The company also continues building around AI-driven mineral evaluation through Patent Application №19/680,101 and recently reported strong early MetalCore demand after onboarding started.
Now Reuters reports Myanmar rare earth supply is increasingly affected by military conflict while America keeps prioritizing domestic critical minerals under both Trump and Democrats.
For me this is extremely bullish because:
- stable North American projects become more strategic
- copper demand tied to AI keeps accelerating
- governments want safer supply chains
- scalable Canadian exploration assets gain premium value
I’m watching the 11-16CAD zone long term
https://t.co/e24J1vGvKA
Not financial advice - just don’t cry if this runs without you
I’m bullish on $NRED - Wilmac could be the next copper pipeline while majors fight declining ore grades.
#ElvishYadav#Rashmer#jinxmanhwa $QTEX $BIYA $AAPL
People are missing the bigger picture in copper 👀🔥
Southern Copper is putting $318.6M into Cuajone.
Not to magically create a brand new giant copper district.
To maintain production, improve concentrate quality and fight cost pressure.
That’s what happens when old mines face declining ore grades.
And the numbers tell the story:
Cuajone produced nearly 163,000 tonnes of fine copper in 2025.
Southern Copper’s total output forecast:
- 954,270t in 2025
- 911,400t this year
- ~900,000t in 2027
So majors are spending huge money just to slow the decline.
That is exactly why early copper projects with real evidence start to matter.
NovaRed Mining Inc CSE: $NRED/ OTC: $NREDF is still early, but Wilmac has actual copper signals:
- 1,125 ppm Cu in soil
- 16,078 ha land package
- BC jurisdiction
- porphyry-style targets
- MetalCore AI platform
- U.S. Patent Application No. 19/680,101
Platform:
https://t.co/NZBmFQKqzx
The market will eventually ask where the next copper pipeline comes from.
That’s where early names can get very interesting.
I could be wrong - but I’m betting before the crowd.
$TTD $PLUG $LOBO