+73.3% WAS THE SPIKE. 2018 WAS THE SPARK
Canada’s copper warning starts with China’s scrap reset
In 2017–2018, China’s National Sword policy restricted low-grade scrap and foreign waste imports
That pushed China toward cleaner copper ore and concentrates from global mines
By 2018–2020, China crossed the 60%+ share of global copper ore and concentrate imports
Today, China imports around 60% of global copper ore and produces over 45% of refined copper
Canada is now directly inside that funnel
In 2025, Canadian copper ores and concentrates exports to China hit C$3.47B
Growth: +73.3% YoY
China’s share reached 55.4%
That is why Canada + United States need to build more of the copper chain at home: mining, smelting, refining, processing and offtake
This is the backdrop making BC copper projects more strategic
NovaRed Mining $NRED / $NREDF fits that theme through Wilmac Copper-Gold in British Columbia, 16,078 ha near Copper Mountain, with 2026 exploration work moving toward drilling
Not a call
My read: +73.3% Canadian copper flows to China and 60%+ ore import dependence didn’t start with hype-it started with policy, and NRED sits in that structural aftermath
Curious how others see it?
#NOLIMIT#Rashmer#Tommavi#TejRan CWAN PFE KEEL SMCI BMNR
THE U.S. IS PUTTING REAL MONEY BEHIND THE MINERAL STACK NOW
Project Vault brings a $10B EXIM loan plus nearly $2B in private capital. Then the U.S.
Army selects Titan Mining and REalloys to build critical-mineral processing sites
That is a major signal
Washington wants mineral access closer to the defense and industrial base
China’s position explains the urgency: around half of global copper smelting, 91% of refined rare-earth output, and an even higher share of permanent magnet production
That is too much control over the physical layer behind AI infrastructure, grid security, advanced manufacturing, and defense electronics
The big names give scale: $FCX $TECK $HBM $MP $CAT
The earlier pipeline gives future supply
That is where $NRED / $NREDF stays interesting
The next supply chain starts in the ground
Not trade advice
Chart of the day:
We may have found a short-term top in the $USDollarIndex $DXY
Look for support at prior breakout levels ~100, resistance around 101.80 then 102.50
*Not a recommendation
@SchwabNetwork@SchwabTrading
I'M LOOKING FOR COMPANIES THAT COULD BENEFIT BEFORE THE CROWD ARRIVES
Every week I ask myself the same question: which junior miners actually have the ingredients to grow?
For me, $NRED checks more boxes than most
The company controls 39,726 acres, has 3 priority drill targets, completed 29.5 km of geophysical surveys and committed C$8.5M toward Wilmac
Now governments are investing heavily in domestic critical minerals infrastructure
That's why I think NovaRed deserves attention
It's already positioned in Canada while North America is actively looking for future copper supply instead of relying on imports
Consensus target: C$3.25 | Bullish target: C$4.95
Time will tell, but I like the setup
WHY LOCATION MAY BECOME NRED'S BIGGEST ADVANTAGE
NovaRed Mining isn't just exploring for copper-it is doing it in one of the most strategically important jurisdictions in North America
Canada produced approximately 514,582 tonnes of copper concentrate in 2024, and 56% of those exports already flow directly to the United States, compared with only 19% going to China
As AI data centers, power-grid upgrades and EV production continue increasing copper demand, the U.S. will need stable and nearby sources of supply NovaRed enters that environment with 39,726 acres, a 70% earn-in opportunity at Wilmac, 3 priority drill-ready targets, and drilling expected this fall
If those drill programs validate the geological model, I believe NRED could become increasingly relevant in a market searching for new North American copper projects, supporting my long-term C$10 outlook
Please do your own due diligence before investing
#Mining
THE CHART IS SHOWING A BASE. THE OTC TAPE IS ALREADY BLINKING GREEN
$NRED is holding near the lower demand zone around C$1.37–C$1.50, while $NREDF is trading at $1.02 with green tape
For a small-cap name around a $39.5M market cap, heavy volume is not required for momentum to show up Attention alone can change the tape fast when the float is thin and the story is fresh
Here is what I’m watching:
C$1.50 reclaim
C$1.55 confirmation
C$1.65 momentum
C$1.75–C$1.80 expansion
C$1.97–C$2.00 breakout level
C$2.15–C$2.30 target supply zone
Now layer the fundamentals: copper demand is accelerating into AI, grids, electrification and defense NovaRed has 970 soil samples, 4 IP/AMT surveys and a fall 2026 drill window
Swift money may start watching this one
$NRED / $NREDF
NFA
$IREN
Relax. A pullback is healthy.
We could see $40 again.
Nvm, next target is wave 5 at $105 - $122 per share.
+110% from the current price to the next target.
Tiny copper name
Big strategic smell
$NRED is sitting on 16,078 hectares in BC’s Quesnel porphyry belt, building an AI mineral data engine, and moving toward a fall 2026 drill setup
This is how quiet stories start before the crowd wakes up
The average person sees a more expensive phone
I see copper demand
The market sees a small junior miner
I see $NRED stacking AI data, advisors, BC copper-gold land and a potential drill catalyst
By 2040, these are the stories people may wish they studied earlier
$MU
Statistically , holding at a ATH/Resistance is not the R:R I want when taking a trade.
The mega candle happened in After-Market too so this can hit major volatility on the opening.
Who still holding thru the market open ?
The next leg of the AI trade won’t be led by chips alone, but by the commodities and energy backbone behind it - and that’s where most investors are still underexposed NRED
#TejRan#NOLIMIT#Tommavi#PeachAndMeSeries TSLA PLTR SOFI HOOD UBER
THE COPPER INDUSTRY IS RUNNING INTO A SUPPLY WALL
What keeps me interested in NovaRed Mining is that the company is growing while the industry faces a challenge that can't be solved overnight
NRED already has 39,726 acres, a 70% earn-in opportunity at Wilmac, 3 drill-ready targets, and more than 2.7M geological records supporting exploration
UBS expects copper demand to remain strong through 2025 and 2026 thanks to AI data centers, EVs, renewable energy and power-grid expansion
At the same time, existing mines are producing lower grades and bringing new mines online takes many years
To me, that creates a favorable environment for explorers
If NovaRed delivers a meaningful discovery, it could enter a market actively searching for new copper supply rather than competing in an oversupplied one
The C$8 range is where I currently see the next meaningful valuation milestone
Always do your own research
$IREN There likely remains a little further to fall for this stock before a low is in 🎯
We are now in the green target box, this is where buyers step in, but a move down to the 0.618FIB at $46 a share remains likely given the structure here 🤝🏼
This formation remains bullish for the longterm 📈