Let me tell you what has actually changed
NRED is no longer positioning itself only around mining claims
The broader strategy is to combine mineral assets, artificial intelligence, autonomous systems, digital platforms, R&D and advanced data science
Why does that matter?
Because mining still takes an average of about 16 years from discovery to production, while some nonoperating projects now stretch toward 30 years
$NRED / $NREDF is trying to attack that uncertainty from the technology side
MetalCore works across more than 4.1M geological records to improve target selection
EyeX is now under a 30-day due-diligence review for technology that can monitor cameras, drones and live feeds across remote mining sites
The long-term direction is becoming clearer: find targets smarter, monitor them continuously and build a mining system that learns as new data arrives
I’m curious, you decide
Your mortgage rate is quietly tied to the Strait of Hormuz.
Oil gets expensive, inflation fears kick in, the 10-year Treasury climbs, and your rate quote follows. The Fed is not in this chain. Heck the Fed isn't even in the group chat!
Rates ticked up today for exactly this reason. Tomorrow's inflation report decides if it sticks, no pressure or anything...
Prayed for the bond market to behave… and It listened. (Phew)
June inflation: 3.5% vs 3.8% expected. Core down to 2.6%. Mortgage bonds rallied right at the open … that oil driven rate pressure from yesterday is already unwinding.
One good report isn’t a victory lap. But I’ll take a Tuesday that starts like this!