u/Then_Marionberry_259

Most "AI" companies right now are just using buzzwords. But I found one that is actually applying it to something physical: land and minerals. They built a platform called MetalCore that screens massive amounts of land to find hidden mineral targets.

Think about the scale here. In the U.S. alone, there are millions of landowners. If a platform can scan all that private land and rank where the gold or copper might be, that’s a huge business model, not just a side project.

The reason I’m watching this closely is the data. They just added a ton of new technical layers-3DIP, AMT, and soil samples-to their Wilmac project. For an AI to work, it needs deep data like this to "learn" what a discovery looks like.

The company is NovaRed (NRED).

The stock has already moved a lot this year (up around 3,000%), but the news is starting to stack up. With more data coming in and the AI platform getting smarter, I think the next leg up could be coming soon.

What do you guys think? Is the AI + Mining combo a real trend or just hype?

Copper trading around record territory has me looking at the sector in layers instead of treating every copper name the same.

My first watch is Freeport-McMoRan, FCX. It is one of the cleanest large-cap copper plays, with major exposure to the U.S., South America, and Grasberg in Indonesia. The upside is scale and leverage to copper prices. The risk is that Grasberg recovery timing still matters a lot, per recent company updates.

Second is Hudbay Minerals, HBM. I like it as a mid-tier producer with assets in the Americas and direct BC exposure through Copper Mountain. Hudbay has guided to stronger average copper production over the next few years, per company guidance, which makes it interesting if copper stays strong.

Third is NovaRed Mining, CSE: NRED and OTCQB: NREDF. This is the high-risk explorer on the list, not a producer. Its Wilmac copper-gold project is near Copper Mountain, and recent updates are more about target generation than cash flow.

NFA. If you were building a copper watchlist, would you rather start with producers or explorers?

Anyone ever been there and found a reputable silver dealer? I’m there today and tomorrow and thought it would be cool to pick up a coupla ounces (of silver)

Some of the numbers stood out:

- Revenue up 57.6% YoY

- Product revenue up 115.8% YoY

- Gross profit up 55.9% YoY

- Cash position around $896M

- Robotaxi fleet expanded to 1300 vehicles

The other interesting part was their discussion about GENESIS. It dramatically accelerates autonomous driving training using synthetic corner cases and simulation environments. If this is true, the whole thing can matter a lot for a long term because scaling AVs globally can help them reducing deployment cost and training time in different countries or traffic conditions or regulations. Management also compared the ADAS performance to FSD 14.3, showing how fast these AV companies have been improving recently. We are now witnessing real fleets, paid rides, global expansion and partnerships with OEMs and cities.

Read more: https://www.weride.ai/posts/pt9wr0sh8fv4kyzhd55fc58b

I've found myself in a fortunate position to have maxed out my FHSA (opened last December, so effectively $16K this year although I have zero plans of ever buying), as well as my TFSA and I have $10K carryover from last year in my RRSP (still plenty of room). I am self-employed and next January/February I'll have a better idea if my RRSP could use a top up to take me to the bottom of a given tax bracket so I'd rather not over contribute again. Although I may make some small contributions throughout the rest of the year to DCA into some holdings there.

While I invest in individual stocks in my non-registered I am looking to deploy an 80/20 rule for the rest of the year where 80% goes into an ETF and 20% DCAs into my stocks. The thing I'm struggling with is what ETF to park that money in. Ideally this is what I'll take from in January when it's time to top off my TFSA (and probably FHSA again) - this will mostly go into CAGE & XEQT. I want the money to remain invested, so putting it in something low interest but guaranteed is pointless. If I could put it into my TFSA today I would, so I'm fine taking the hit on a down market.

My default strategy is going about 75-80% on CAGE/XEQT in my other accounts, should I just deploy that logic here and skip the tax advantages of pure Canadian dividends or a swap fund like HXS in non-reg?

I already have a very sizeable amount of XDIV and VDY for CAD dividends in my margin account ($70K borrowed but I'm well in the green at 4.45%) so that is probably enough Canadian exposure... LTV is under 30% so I'm quite safe there and will keep servicing the interest probably forever at this rate.

What would be your set and forget non-reg etf? I'm not looking for any covered call funds as that's pure fools gold (10 year horizon or so why knee-cap the upside and complicate taxes with ROC etc...) although something deploying leverage is fine.

XEQT/CAGE? Just one of them? HXS? I know I'm overthinking this but I can't seem to settle and would rather keep it more aggressive than a GRO or BAL fund.

Let's gooo 🚀

Copper is not trading like a boring industrial metal anymore. Recent market data showed copper around the $6.50 per lb area in May, with a large year-over-year move. That kind of price action tends to pull more attention into the mining space.

For producers, the logic is direct. Higher copper prices can improve margins if costs stay controlled. For developers, higher copper prices can make marginal projects look more attractive. For explorers, it is more speculative, but the upside can be more dramatic because they are valued on potential rather than current production.

That is where the risk comes in. A junior explorer can have a great-looking district, good geophysics, and a strong macro backdrop, but none of that replaces drilling. Until there are assays, the market is mostly pricing optionality.

One small name I have been tracking in this bucket is NovaRed Mining(NRED and NREDF). The company is working on the Wilmac copper-gold project in British Columbia, near the Copper Mountain district. That does not prove mineralization, but it gives investors a real benchmark for the type of system the market is watching.

For me, the bigger idea is that copper strength can lift the whole exploration conversation, but it also makes discipline more important. Chasing after a big move can be very different from building a position before catalysts.

Not financial advice. Do you prefer copper producers with cash flow, or juniors with higher risk and higher torque?

Datacenters take a lot of silver to be built, so how funny would it be if it became a form of protest for people to go and buy physical silver? There's literally more people in the US than there are ounces in the COMEX lol. Good luck building your servers now! Feels a little GameStoppish but yeah let's do it - if you want the datacenters out, then take their materials from them!

• The Halleck Creek PFS is expected in 2 months.
• Management has already been talking about a Nasdaq uplisting pathway.
• Halleck Creek is already one of the largest rare earth deposits in the United States.
• The initial Cowboy State Mine area is only a fraction of the overall district, meaning this could be developed in phases over many years.
• The U.S. government is aggressively pushing domestic rare earth supply chains, and Wyoming has recently been making moves to simplify oversight tied to critical mineral development.
• Momentum has clearly been building lately, and trading volume has started spiking as more investors begin paying attention ahead of the expected catalysts.

Feels like the market is still pricing this like a small OTC explorer while the company is positioning itself as a future strategic U.S. rare earth producer. If the PFS comes back strong with the uplisting, I think a lot more eyes suddenly show up here.