Selkirk Copper Mines
$SKRKF / $SCMI
This is one of the most asymmetric copper plays available right now…and the setup is only getting better.
AI is driving explosive power demand, and nuclear is making a serious comeback as one of the only scalable, always-on clean energy solutions. That convergence is creating a powerful structural bid for copper. Selkirk Copper is one of the best ways to play it with real torque.
They’re restarting the Minto mine…a past-producing asset that already has a fully built 4,100 tpd mill and major infrastructure in place. This is a true brownfield story with a massive head start on both timeline and capex. Phase 1 drilling (over 52,000m) has already expanded high-grade zones and made new discoveries. The updated resource and PEA drop mid-2026, followed by Feasibility and a Final Investment Decision targeted for mid-2027, with potential first production as early as mid-2028.
Alignment is exceptional. Selkirk First Nation owns ~18–22% and holds board seats. CEO Colin Joudrie has been aggressively buying shares with his own money. The balance sheet is clean after bankruptcy removed legacy streaming deals.
Catalysts ahead:
•Remaining Phase 1 assay results (ongoing)
•Updated MRE + PEA (mid-2026) — the big one
•Feasibility Study (mid-2027)
•Final Investment Decision (mid-2027)
•First production targeted for mid-2028
Valuation Cases (from current levels):
•Base Case (3x – 5x): PEA is solid but not spectacular. Modest resource growth. Copper stays around current levels. Still delivers strong returns as the story de-risks.
•Bull Case (7x – 10x): Strong PEA with attractive economics, solid mine life, and reasonable capex. Copper moves higher. Multiple expansion as the market recognizes the quality of the asset and the speed to production.
•Moonshot Case (15x+): Exceptional PEA, major resource growth from Phase 2 drilling, strong copper prices, and rapid progress toward production. This is the type of outcome that turns small positions into life-changing ones in junior copper.
AI power demand is non-negotiable. Nuclear is part of the solution. Selkirk offers one of the fastest, cleanest, and most leveraged ways to play the copper that makes it all possible.
This is the setup you wait for. Get positioned before the rest of the market catches on. Copper prices at ATH.
DYOR. Position size accordingly.
$COPX #COPPER #AI #NUCLEAR
Gold bouncing off the 200-day moving average. Went positive the last time it touched it and mentioned that a touch to the $4100 level would be my entry. Hit $4103 and was close enough. You now have a decision to make at these levels. I took a partial position this am. Will add on a decisive reversal of the downtrend in price and RS.
$AYA Even if silver itself appears rather tired today, Aya Gold & Silver remains unimpressed and knows only one direction - upwards... The stock is currently 7.69% higher 🧐 I would be surprised if we didn’t see a new all-time high soon.
Technicals on behalf of @SelkirkCopper
🇨🇦 $SCMI.V 🇺🇸 $SKRKF
Copper bellwether doing what copper bellwethers do.
Breaking out of its bull flag and retesting new all time highs again.