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Speaker 1: We're not looking for low rid copper. We're looking for

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high grade copper and quality copper, and that's what's harder

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to find, and that's what's going to solve, you know,

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or help solve some of the demands for copper. So

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quality copper, discoveries, quality copper assets and the time it

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takes them to come online as we enter this world

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of electrification. It's a metal that should perpetually performed the

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rest of my careers in my lifetime, and everyone else

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is watching this video, so our timing could be better.

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Speaker 2: The Financial Survival Network now more than ever, the Financial

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Survival Network ed.

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Speaker 3: Welcome. This is Financial Survival Network. I'm your host, Kerry Lutz,

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and we are here with Ivan Bebeck, CEO of Copernico Metals,

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which is now trading on the TSX that's the big board,

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the Toronto Stock Exchange. Ivan, it's great to have you back.

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We talked to you recently and this was kind of

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a glimmer in your eye. You knew it was, but

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you didn't how fast it was going to happen, or

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when it was going to happen. Yeah.

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Speaker 1: No, it's great to be here, and I certainly wouldn't

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have picked middle of the summer to list the company,

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but we wanted to get the shares up as soon

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as possible and prior to the fourth quarter when the

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market picks up generally for junior resource stocks. This has

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been a major achievement for us. As everyone knows, it's

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been nearly a decade. We are in the middle of drilling.

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We just started. We're on our third hole and very

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very a lot of a lot of learning is going on.

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We're very encouraged by everything that's going on with the drilling.

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That's what's got us really really excited. As far as

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the company's share price, we came out weaker than our

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last race, but I think everybody's quite quite well knowledgeable

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with the fact that copper was five dollars a pound

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back in May when we did the raise that was

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the peak of the year so far, and now seeing

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copper at four eleven on its way back up, it's

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perfect timing for us to get going and get started

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with the marketing and the engine of all the catalysts

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that are going to drive this company forward. That will

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all start in September once we cross Labor Day. In

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full of fact, we're at Beaver Creek and then we're

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off to Europe and several other marketing trips and conferences.

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And what's leading that charge carry is just the expiration

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potential and the opportunity as well as you know, we

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hope to have some of our first results back in

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late September onward. And that's going to be one of

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the more catalyst rich juniors out there in a company

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that's extremely well financed right now with working capital into

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twenty twenty six, which.

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Speaker 3: Is exactly where you want to be, so you don't

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have to worry about the market and timing and all that. Yeah,

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we're in the middle of the summer. It's kind of

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the summer dull drums, but the market it was pretty

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exciting a couple of weeks ago. But hey, with copper

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moving higher, quest it is gold just broke twenty five hundred,

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When is copper going to break five bucks?

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Speaker 2: Hey?

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Speaker 1: Great, great comment, and I'm glad you brought gold into it.

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And gold is the most emotional metal that generally leads

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our entire sector. And for what I've seen in my

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twenty five years, when gold runs, all metals tended to

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catch fire with it. We've all heard about a rate

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cut coming in September. You know, this is good and

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bad for the outlook of copper. Obviously, price of metals

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go up, but people are concerned of a slowdown in

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the economy. The driving force behind copper though, is a

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lot to do with supply as well as it is

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to do with demand. You know, this electrification has started,

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it's not going to stop. You know, the planet going

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towards electric vehicles and a more electric society. So the

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demand for copper is going to be great. It's come

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somewhat uninterrupted, but it's going to go through waves. I

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think as far as a natural resource investor, and you've

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got to look at a catalystic events that's going to

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really underpin the sector. What's going to really turn the

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sector on, and one of those metrics is certainly price

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of metals and gold crossing twenty five hundred. You know,

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with the rate cut and in the background tier and

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a couple of wars that underway, I think we could

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see a lot more out of goal. But we did

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see what happened when the price of copper was five

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dollars a pound. I was incredible robust market, the interest

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globally for copper assets and even in the equities was

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quite substantial, and I feel we're heading back there either

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late this year, more than likely sometime early or mid

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next year as we go into a deficit on copper supply.

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You know, there's always risks and variabilities with metal performances,

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but right now things are turning back in the right direction,

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and I think it's going to catch us perfectly with

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our droll results that we have on our project. So

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timing is really really positive for the entire sector. If

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gold does catch fire and people do make that leap

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over into the section. The generalists people that I'm referring to,

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it's a very small sector. There is not a lot

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of juniors, there's not a lot of majors, not a

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lot of mid tiers to buy. And if you take

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a fraction of the capital that's investing in public today,

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this is a very small sector with a lot of

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capital that will come into it. You commented a week

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or two ago, we saw a good lift, we saw.

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Speaker 3: Lyft in May.

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Speaker 1: We've seen these waves of where it almost is starting

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for the past few years. It's kind of like a

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golf game when you're playing allows you around of golf

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and you have a good shot, it keeps it coming back.

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That's kind of the treatment we've had from the resource sector. Obviously,

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I love golf and I know that well, but as

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far as where we sit today right now, I think

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we're on the cusp of the start of a pretty

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significant breakout based on macroeconomic pictures. And I think the

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copper part is very special because of how long it

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takes and how hard it is to find a sizeable

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copper asset that could provide global supply. The counter argument

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to that is there's a lot of low grade copper

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in the world. We're not looking for low grade copper.

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We're looking for high grade copper and quality copper, and

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that's what's harder to find, and that's what's going to

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solve you, or help solve some of the demands for copper.

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So quality copper, discoveries, quality copper assets, and the time

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it takes them to come online as we enter this

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world of electrification. It's a metal that should perpetually perform

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the rest of my careers in my lifetime. And everyone

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else is watching this video, so our timing could be better.

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Speaker 3: Yeah, And if I could strain the golf analogy a

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little bit more of all the players out there, Copernico

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has one of the lowest handicaps of any company.

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Speaker 1: Yeah, it sure does, and we've triple bogie on the listing.

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But we're going to look to hit some brady fear

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in the coming months as we go into the fall.

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And I think if you want to quantify that common

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you look at the scale of the opportunity, the experience

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of the management team, the level of depth on the board,

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but also the longevity of the treasury. And that's really

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been the story in the junior sector. To look at

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how a lot of these companies have traded or not

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traded well. The disconnected share price generally has to do

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with the need for capital or that's been from a

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fundamental value or a speculative opportunity. But I feel strongly

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that once rates start coming down, we're going to start

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to see a tremendous amount more of interest in the sector,

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with more speculative capital coming back into space in a

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sector that's really really suffering from supply issues.

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Speaker 3: It's understandable that investors are wary of the sector, you know,

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based on what's happened in the past, but I agree

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with you when you look at electrification. There's just no

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substitute for copper. We don't have enough of it. And

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what I'm expecting to see within the next two three

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years is an acceleration of the entire licensing and permitting

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process across the world once once the powers that the

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figure out that hey, we don't have enough copper, there's

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an imminent supply shortage coming, and you know the price

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of all those battery metals is the just going to

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take off from there?

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Speaker 1: Well, it's a good point, and thanks for refreshing that

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point there. You know, the environment to make a copper

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discovery couldn't be better. And the fact that we're actually drilling,

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not getting a project ready for grilling, not waiting for permitutes,

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I think that's outstanding. The fact that we actually are

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turning to drill as you and I are speaking here,

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because timing is critical and we want to catch the

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timing perfectly as we start thrilling and possibly start finding

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this copper discovery that we're after. So being ahead of

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the curve and having spent the heavy lifting in terms

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of time and capital to get to this point and

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to actually have a drilled turning as we were so

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close to a big copper market I think is outstanding,

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and that's the big opportunity that we offer our existing

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shareholders then any new shareholders, besides the discount on price

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that has come up from the IPO, as far as

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that this company was sput out three years ago, and

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obviously there's some needs for capital around sector. There's obviously

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some fatigued investors, and you know, those that are staying strong,

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which is the majority. It's rare. Glad to have you

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guys on and those that are looking at it from

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the side. We are extremely well funded, drills turning, and

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very catalysts rich you know, by the right reason of

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the right the best catalyst. And we can't wait to

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get on the road here once we turned the corner

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into September. So looking very forward to the coming months

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here and the first roles to come out of the project.

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Speaker 3: Yeah, Son, of the first drill holes. You got an

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idea of when we might start to see results, That's

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a great question.

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Speaker 1: I have an idea, but I don't want to pin

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myself to time. If it's not a material hole, we're

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not going to We're not going to announce it. We

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will wait. We have our first material holes from the project.

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So we're going to be patient with the drill bit.

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We've got thirty holes funded, we have treasury into March

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of twenty six. We can obviously adjust that ratio and

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drill more holes where permitted, to drill forty eight holes.

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But yeah, I would say, you know, in a great

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case scenario, late September, early October, possibly sooner, but that's

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realistically the idea that I would say, to look through

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some updates on drilling by that timeframe, and that would

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time perfectly with us getting on the road and starting

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to really tell more people about the story.

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Speaker 3: Yeah, and you pretty much know where you're looking right

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based on the historic drilling that took place and your

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own preliminary work there.

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Speaker 1: Yeah, there's seven kilometers of targets to test, which is substantial,

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is huge, and we are learning and understanding how big

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the system really is. And we see a lot of

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evidence of copper as you're aware, on surface in many

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different areas and projecting to potential copper Beney surface. Obviously,

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grade width and economic potential is to be figured out

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with the drill bit, but we have some incredible targets,

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and not that we need them, but we're finding additional

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targets as we learn more with the first droll holes

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into the system. This is really a drill for knowledge

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and go for it. You know. On the copper side

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of things, we are chasing a scarn first, but we

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are seeing potential evidence for a poor free to exist

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as well. It's kind of the best of all worlds. Now,

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it's just about the drill and waiting for those first

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holes and seeing how they come together. But we have

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so much real estate to test here. The thirty holes

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won't be enough to test the full seven kilometers. I

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can say that right now, and I believe strongly that

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we will droll well past that. But there are some

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really really robust targets that we're going after, and the

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geology looks looks really encouraging, so we're really excited about

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how it's going.

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Speaker 3: Yeah, it almost becomes a problem when you have too

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many targets and then you got to start picking them.

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Speaker 1: Right, well, you got to drill them all, you know,

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in this case here, based on the environment and the

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scale of the opportunity. That's how we feel. And you know,

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I couldn't tell you which it is the best target

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yet that's going to come from the drill bit and

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the back of the thirty or forty holes that we

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drill in this first phase. I will say the fact

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that we have that pipeline, we're very very target rich.

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That gives so many more opportunities to miss and to

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hit right, and I expect both. I don't think all

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of them are going to be there. I think there's

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going to be some that are surprises both positive, and

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some they are going to be missus. That's how scarrings work.

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But right now the system looks really really encouraging and

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we're really excited to be drilling it.

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Speaker 3: All right. Well, hey, I appreciate the update. Ivan, great

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to hear that the stock is finally live and trading.

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You want to go over to copernicometals dot com sign

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up for notifications so you can get the latest when

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the drill results start flowing and the feeling they're and

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a flow fast and furious. Ticker symbol on the t

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s X is co O p R. Ivan. We'll talk

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to you again soon and get the next update.

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Speaker 1: All right, thank you very much, look forward to it.

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Speaker 2: The Financial Survival Network