Posts  / NRED  / #POST-231507
REDDIT

Good morning. Green open, coffee hot, and market finally acting alive

J
Jul 6, 2026 · 15:26

Nice start to the week. $NRED opened green and pushed to C$0.83, up about 9.2% early, which is a lot better than watching it get kicked around in the lower zone all morning.

What I like here is that the bounce is not happening into a total vacuum. The company still has a real catalyst stack behind it. Wilmac is a 16,077.76 hectare copper-gold project in BC’s Quesnel porphyry belt, about 6 miles west of Hudbay’s Copper Mountain Mine. North Lamont still has the previously reported 1,125 ppm copper-in-soil anomaly, and the latest MetalCore update added a copper-gold-platinum angle after reviewing 10 mineral occurrences, around 19 assessment reports, 38 regional geochemical samples, and regional aeromagnetic data.

There is also an actual path forward from here. NovaRed’s 2026 plan includes expanded soil sampling, four IP/AMT surveys, target refinement, and contemplated drilling subject to permit. So this is not just a random green candle with nothing behind it. It is an early-stage explorer, yes, but one with a clearer work sequence and more data than people give it credit for.

My favorite part is the timing. The selloff cooled off, the stock opened green, and now the market gets to decide whether this was just a relief bounce or the start of a cleaner reclaim. Either way, at least the tape has a pulse again.

Also, no worries guys. If copper ever gets so expensive it passes silver, I’m sure we can all just wire data centers with silver and cool them with pure luxury. Totally efficient. No problem at all.

Watching if strength sticks