Campbell Smyth

Managing Director of Clariden Capital

[Campbell Smyth @campbellsmyth]

@cdntradegrljenn The only one I can think of was Fitzroy, as we did a 10 for 1 consolidation and then raised startup capital at 10c to buy Caballos and restart.

[Campbell Smyth @campbellsmyth]

@JEChalmers You are such a liar. Cant wait for you to be history.
Vote ON

[Campbell Smyth @campbellsmyth]

@cdntradegrljenn This is just insanity.

[Campbell Smyth @campbellsmyth]

@cdntradegrljenn I totally agree.

[Campbell Smyth @campbellsmyth]

@JEChalmers Just stop lying

[Resource Alpha @ResourceAlphaHQ]

Ladies and gentlemen… we just broke it.

The multi-year cup-and-handle on the Bloomberg Commodity Index has cleared the key resistance near 138.

Does every trader understand what this actually means for the entire commodity complex?

When these structures resolve, they rarely stay quiet.

Energy, metals, and softs tend to move together - and the move is usually powerful.

The breakout is live.

Physics > Paper.

[Campbell Smyth @campbellsmyth]

@JEChalmers Taxes are up more

[Campbell Smyth @campbellsmyth]

@JEChalmers Just stop lying. Debt is accelerating and interest rates are climbing. Australia’s finances are going exactly the way of Britain’s under Labor. Shortly about to be unpayable

[FITZROY MINERALS INC @Fitzroyminerals]

Is copper the new AI play?
Why are equity prices down while copper prices hit record highs? What is noise, and what is signal?

CEO Merlin Marr-Johnson walks through the data and shows that copper faces a supply crisis decades in the making.

Watch the full video here: https://t.co/mHDIfJZNaj $FTZ.V $FTZFF

[Campbell Smyth @campbellsmyth]

@JEChalmers you fucking idiot that was companies being created to replace trusts due to your idiotic and badly written legislation. Real business creation is pitiful at present, and all due to your bad tax policies. Resign

[Robert Friedland @robert_ivanhoe]

Net LME copper stocks will go under 100,000 tonnes this week... There has been another huge cancellation of warrants again today (July 27th), totalling 10,525 tonnes. Net available stocks on the LME are now 102,975 tonnes...

Out this morning, @Citi reaffirmed its copper price estimate for the next 3 months to $14,500 per tonne, with a year-end target of $15,000 per tonne.

China's copper cathode import premium has also just hit its highest level since 2022, as plunging treatment charges highlight the tight conditions in the copper market. (Chart from @Citi below)

[Campbell Smyth @campbellsmyth]

@bhavdip143 @ScottNorth64736 I’ll be there

[Campbell Smyth @campbellsmyth]

@bhavdip143 I totally agree bhav. Add to that spacex sucking the liquidity out of the us market and it’s shaping up to be a gross 2027. Hope albo enjoys his non existent capital gains taxes, there won’t be any profits to take!

[Campbell Smyth @campbellsmyth]

@colonelhogans Ad hominem attacks means you don’t have any actual criticism of the policy. Another paid up labor stooge

[FITZROY MINERALS INC @Fitzroyminerals]

June 2026 Shareholder Update

Dear Shareholders and Friends,
June has been another busy month for Fitzroy Minerals, with multiple drill rigs active at Buen Retiro and significant progress on the geophysical program at Caballos.

We are pleased to report another excellent set of drill results from Buen Retiro, further demonstrating the consistency of the mineralised system. Channel samples from the historic pit returned an average of 2.96% copper, while recent drill intercepts included 59m @ 1.73% Cu (including 12m @ 5.39% Cu) and 76m @ 0.74% Cu (including 13m @ 3.62% Cu).

Drilling continues to expand our understanding of the mineralised footprint, and we remain confident in the development potential of the project. Metallurgical test work is also advancing well, with initial mini-column leach tests expected in July.

At Caballos, integration of the recently completed MobileMT geophysical survey with ongoing geological interpretation is progressing steadily, with high-quality porphyry drill targets planned for September/October.
The full June 2026 Newsletter is attached for your review.

We look forward to providing further updates as we advance our activities through July and beyond.
Best regards,
Fitzroy Minerals Team

#GoFitzroy #GoCopper $FTZ.V $FTZFF

[Canadian Jennifer 🇨🇦 @cdntradegrljenn]

Companies like Fitzroy Minerals $FTZ.V are well positioned to benefit from accelerating government support and directives aimed at speeding up copper mine development. @Fitzroyminerals

This stems from the structural copper supply deficit.

Copper is now treated as a strategically critical mineral (alongside lithium, etc.), creating policy tailwinds for faster development of projects.

Specific Government Actions Supporting Acceleration

🇺🇸United States (Trump administration, 2025–2026):

Copper was added to the USGS Critical Minerals List in November 2025. This unlocks expedited permitting, priority status, and funding pathways.

Executive orders and directives prioritize domestic mineral production, expand FAST-41 permitting (streamlining federal reviews), and direct agencies to fast-track projects. Some proposals aim to cut multi-year permitting to weeks in emergencies.

DOE has announced nearly $1 billion in funding opportunities for critical minerals mining, processing, and recycling (including copper-related).

Focus is primarily domestic (e.g., projects in Arizona, Utah), but the broader signal boosts prices, investor interest, and offtake appetite for any credible new copper supply.

🇨🇱 Chile (Fitzroy’s main jurisdiction, Buen Retiro and Caballos projects):

New right-wing President José Antonio Kast (elected late 2025, in office from March 2026) is explicitly pushing faster permitting (“permisología” reduction), regulatory simplification, and more foreign investment in mining.

Chile published a National Critical Minerals Strategy in January 2026, prioritizing copper (Group A mineral) with goals to streamline permitting, provide regulatory stability, and position Chile as a reliable global supplier.

Government targets faster copper output growth (aiming toward 6 Mt annually sooner than prior forecasts) through brownfield expansions and new projects.

🇨🇦Canada:
Critical Minerals Strategy includes tax credits (30% for eligible copper exploration via flow through shares), funding programs (e.g., Strategic Innovation Fund, Critical Minerals Infrastructure Fund), and support for project development. Copper qualifies.

Fitzroy is a Canadian company, so its domestic assets (e.g., Caribou project in BC) or overall corporate efforts could access some of these.

Policy Acceleration could spawn:

Faster permitting
The biggest bottleneck. Chile’s new directives and US style streamlining directly shorten timelines for projects like Fitzroy’s Buen Retiro oxide which will be operating a simple heap leach process, using the electrowinning plant owned by its partner Pucobre, a mid sized Chilean producer.

Capital and partnerships
Higher copper prices (already responding to the deficit narrative) + policy support make financing and joint ventures easier. Fitzroy already has a partnership structure with Pucobre at Buen Retiro.

Strategic interest
Governments and majors seeking non-Chinese supply chains may offer offtakes, investments, or support. Copper’s critical status amplifies this.

Sector-wide momentum
Juniors advancing real discoveries in “good” jurisdictions (Chile, Canada, US, Australia) see better valuations and access to capital.

This post is strictly my opinion and speculative. See disclosures. Not investment advice. $FTZ.V $FTZFF

[Campbell Smyth @campbellsmyth]

@JEChalmers Fuel taxes that should not exist as you aren’t spending the money on roads
LIARS

[Campbell Smyth @campbellsmyth]

@JEChalmers You’re a fucking thief. Capital gains result from already taxed income. CGT is double taxation. You are ruining Australia and the voters will chuck you and your rotten mob out soon

[Campbell Smyth @campbellsmyth]

@Ausbobsmit Cannot wait for this parasite to be booted out

[Campbell Smyth @campbellsmyth]

@DrewPavlou Note they are all wearing that stupid keffiyeh as a symbol of their struggle. Lame