Latest / Financial Survival Network / Coppernico Metals Commences Trading on TSX with CEO Ivan Bebek

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Coppernico Metals Commences Trading on TSX with CEO Ivan Bebek · Financial Survival Network

• 0:00
  Speaker 1: We're not looking for low rid copper. We're looking for
• 0:02
  Speaker 1: high grade copper and quality copper, and that's what's harder
• 0:05
  Speaker 1: to find, and that's what's going to solve, you know,
• 0:07
  Speaker 1: or help solve some of the demands for copper. So
• 0:10
  Speaker 1: quality copper, discoveries, quality copper assets and the time it
• 0:15
  Speaker 1: takes them to come online as we enter this world
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  Speaker 1: of electrification. It's a metal that should perpetually performed the
• 0:21
  Speaker 1: rest of my careers in my lifetime, and everyone else
• 0:24
  Speaker 1: 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
• 0:35
  Speaker 2: Survival Network ed.
• 0:38
  Speaker 3: Welcome. This is Financial Survival Network. I'm your host, Kerry Lutz,
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  Speaker 3: and we are here with Ivan Bebeck, CEO of Copernico Metals,
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  Speaker 3: which is now trading on the TSX that's the big board,
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  Speaker 3: the Toronto Stock Exchange. Ivan, it's great to have you back.
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  Speaker 3: We talked to you recently and this was kind of
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  Speaker 3: a glimmer in your eye. You knew it was, but
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  Speaker 3: you didn't how fast it was going to happen, or
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  Speaker 3: 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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  Speaker 1: have picked middle of the summer to list the company,
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  Speaker 1: but we wanted to get the shares up as soon
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  Speaker 1: as possible and prior to the fourth quarter when the
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  Speaker 1: market picks up generally for junior resource stocks. This has
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  Speaker 1: been a major achievement for us. As everyone knows, it's
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  Speaker 1: been nearly a decade. We are in the middle of drilling.
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  Speaker 1: We just started. We're on our third hole and very
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  Speaker 1: very a lot of a lot of learning is going on.
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  Speaker 1: We're very encouraged by everything that's going on with the drilling.
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  Speaker 1: That's what's got us really really excited. As far as
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  Speaker 1: the company's share price, we came out weaker than our
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  Speaker 1: last race, but I think everybody's quite quite well knowledgeable
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  Speaker 1: with the fact that copper was five dollars a pound
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  Speaker 1: back in May when we did the raise that was
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  Speaker 1: the peak of the year so far, and now seeing
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  Speaker 1: copper at four eleven on its way back up, it's
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  Speaker 1: perfect timing for us to get going and get started
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  Speaker 1: with the marketing and the engine of all the catalysts
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  Speaker 1: that are going to drive this company forward. That will
• 2:01
  Speaker 1: all start in September once we cross Labor Day. In
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  Speaker 1: full of fact, we're at Beaver Creek and then we're
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  Speaker 1: off to Europe and several other marketing trips and conferences.
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  Speaker 1: And what's leading that charge carry is just the expiration
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  Speaker 1: potential and the opportunity as well as you know, we
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  Speaker 1: hope to have some of our first results back in
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  Speaker 1: late September onward. And that's going to be one of
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  Speaker 1: the more catalyst rich juniors out there in a company
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  Speaker 1: that's extremely well financed right now with working capital into
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  Speaker 1: 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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  Speaker 3: have to worry about the market and timing and all that. Yeah,
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  Speaker 3: we're in the middle of the summer. It's kind of
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  Speaker 3: the summer dull drums, but the market it was pretty
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  Speaker 3: exciting a couple of weeks ago. But hey, with copper
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  Speaker 3: moving higher, quest it is gold just broke twenty five hundred,
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  Speaker 3: 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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  Speaker 1: And gold is the most emotional metal that generally leads
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  Speaker 1: our entire sector. And for what I've seen in my
• 3:01
  Speaker 1: twenty five years, when gold runs, all metals tended to
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  Speaker 1: catch fire with it. We've all heard about a rate
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  Speaker 1: cut coming in September. You know, this is good and
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  Speaker 1: bad for the outlook of copper. Obviously, price of metals
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  Speaker 1: go up, but people are concerned of a slowdown in
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  Speaker 1: the economy. The driving force behind copper though, is a
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  Speaker 1: lot to do with supply as well as it is
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  Speaker 1: to do with demand. You know, this electrification has started,
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  Speaker 1: it's not going to stop. You know, the planet going
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  Speaker 1: towards electric vehicles and a more electric society. So the
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  Speaker 1: demand for copper is going to be great. It's come
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  Speaker 1: somewhat uninterrupted, but it's going to go through waves. I
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  Speaker 1: think as far as a natural resource investor, and you've
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  Speaker 1: got to look at a catalystic events that's going to
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  Speaker 1: really underpin the sector. What's going to really turn the
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  Speaker 1: sector on, and one of those metrics is certainly price
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  Speaker 1: of metals and gold crossing twenty five hundred. You know,
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  Speaker 1: with the rate cut and in the background tier and
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  Speaker 1: a couple of wars that underway, I think we could
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  Speaker 1: see a lot more out of goal. But we did
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  Speaker 1: see what happened when the price of copper was five
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  Speaker 1: dollars a pound. I was incredible robust market, the interest
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  Speaker 1: globally for copper assets and even in the equities was
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  Speaker 1: quite substantial, and I feel we're heading back there either
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  Speaker 1: late this year, more than likely sometime early or mid
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  Speaker 1: next year as we go into a deficit on copper supply.
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  Speaker 1: You know, there's always risks and variabilities with metal performances,
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  Speaker 1: but right now things are turning back in the right direction,
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  Speaker 1: and I think it's going to catch us perfectly with
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  Speaker 1: our droll results that we have on our project. So
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  Speaker 1: timing is really really positive for the entire sector. If
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  Speaker 1: gold does catch fire and people do make that leap
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  Speaker 1: over into the section. The generalists people that I'm referring to,
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  Speaker 1: it's a very small sector. There is not a lot
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  Speaker 1: of juniors, there's not a lot of majors, not a
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  Speaker 1: lot of mid tiers to buy. And if you take
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  Speaker 1: a fraction of the capital that's investing in public today,
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  Speaker 1: this is a very small sector with a lot of
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  Speaker 1: capital that will come into it. You commented a week
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  Speaker 1: 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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  Speaker 1: for the past few years. It's kind of like a
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  Speaker 1: golf game when you're playing allows you around of golf
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  Speaker 1: and you have a good shot, it keeps it coming back.
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  Speaker 1: That's kind of the treatment we've had from the resource sector. Obviously,
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  Speaker 1: I love golf and I know that well, but as
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  Speaker 1: far as where we sit today right now, I think
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  Speaker 1: we're on the cusp of the start of a pretty
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  Speaker 1: significant breakout based on macroeconomic pictures. And I think the
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  Speaker 1: copper part is very special because of how long it
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  Speaker 1: takes and how hard it is to find a sizeable
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  Speaker 1: copper asset that could provide global supply. The counter argument
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  Speaker 1: to that is there's a lot of low grade copper
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  Speaker 1: in the world. We're not looking for low grade copper.
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  Speaker 1: We're looking for high grade copper and quality copper, and
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  Speaker 1: that's what's harder to find, and that's what's going to
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  Speaker 1: solve you, or help solve some of the demands for copper.
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  Speaker 1: So quality copper, discoveries, quality copper assets, and the time
• 5:48
  Speaker 1: it takes them to come online as we enter this
• 5:51
  Speaker 1: world of electrification. It's a metal that should perpetually perform
• 5:54
  Speaker 1: the rest of my careers in my lifetime. And everyone
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  Speaker 1: 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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  Speaker 3: little bit more of all the players out there, Copernico
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  Speaker 3: 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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  Speaker 1: But we're going to look to hit some brady fear
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  Speaker 1: in the coming months as we go into the fall.
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  Speaker 1: And I think if you want to quantify that common
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  Speaker 1: you look at the scale of the opportunity, the experience
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  Speaker 1: of the management team, the level of depth on the board,
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  Speaker 1: but also the longevity of the treasury. And that's really
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  Speaker 1: been the story in the junior sector. To look at
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  Speaker 1: how a lot of these companies have traded or not
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  Speaker 1: traded well. The disconnected share price generally has to do
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  Speaker 1: with the need for capital or that's been from a
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  Speaker 1: fundamental value or a speculative opportunity. But I feel strongly
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  Speaker 1: that once rates start coming down, we're going to start
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  Speaker 1: to see a tremendous amount more of interest in the sector,
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  Speaker 1: with more speculative capital coming back into space in a
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  Speaker 1: 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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  Speaker 3: based on what's happened in the past, but I agree
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  Speaker 3: with you when you look at electrification. There's just no
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  Speaker 3: substitute for copper. We don't have enough of it. And
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  Speaker 3: what I'm expecting to see within the next two three
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  Speaker 3: years is an acceleration of the entire licensing and permitting
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  Speaker 3: process across the world once once the powers that the
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  Speaker 3: figure out that hey, we don't have enough copper, there's
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  Speaker 3: an imminent supply shortage coming, and you know the price
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  Speaker 3: of all those battery metals is the just going to
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  Speaker 3: 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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  Speaker 1: point there. You know, the environment to make a copper
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  Speaker 1: discovery couldn't be better. And the fact that we're actually drilling,
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  Speaker 1: not getting a project ready for grilling, not waiting for permitutes,
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  Speaker 1: I think that's outstanding. The fact that we actually are
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  Speaker 1: turning to drill as you and I are speaking here,
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  Speaker 1: because timing is critical and we want to catch the
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  Speaker 1: timing perfectly as we start thrilling and possibly start finding
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  Speaker 1: this copper discovery that we're after. So being ahead of
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  Speaker 1: the curve and having spent the heavy lifting in terms
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  Speaker 1: of time and capital to get to this point and
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  Speaker 1: to actually have a drilled turning as we were so
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  Speaker 1: close to a big copper market I think is outstanding,
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  Speaker 1: and that's the big opportunity that we offer our existing
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  Speaker 1: shareholders then any new shareholders, besides the discount on price
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  Speaker 1: that has come up from the IPO, as far as
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  Speaker 1: that this company was sput out three years ago, and
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  Speaker 1: obviously there's some needs for capital around sector. There's obviously
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  Speaker 1: some fatigued investors, and you know, those that are staying strong,
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  Speaker 1: which is the majority. It's rare. Glad to have you
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  Speaker 1: guys on and those that are looking at it from
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  Speaker 1: the side. We are extremely well funded, drills turning, and
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  Speaker 1: very catalysts rich you know, by the right reason of
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  Speaker 1: the right the best catalyst. And we can't wait to
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  Speaker 1: get on the road here once we turned the corner
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  Speaker 1: into September. So looking very forward to the coming months
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  Speaker 1: 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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  Speaker 3: idea of when we might start to see results, That's
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  Speaker 3: a great question.
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  Speaker 1: I have an idea, but I don't want to pin
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  Speaker 1: myself to time. If it's not a material hole, we're
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  Speaker 1: not going to We're not going to announce it. We
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  Speaker 1: will wait. We have our first material holes from the project.
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  Speaker 1: So we're going to be patient with the drill bit.
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  Speaker 1: We've got thirty holes funded, we have treasury into March
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  Speaker 1: of twenty six. We can obviously adjust that ratio and
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  Speaker 1: drill more holes where permitted, to drill forty eight holes.
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  Speaker 1: But yeah, I would say, you know, in a great
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  Speaker 1: case scenario, late September, early October, possibly sooner, but that's
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  Speaker 1: realistically the idea that I would say, to look through
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  Speaker 1: some updates on drilling by that timeframe, and that would
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  Speaker 1: time perfectly with us getting on the road and starting
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  Speaker 1: 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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  Speaker 3: based on the historic drilling that took place and your
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  Speaker 3: own preliminary work there.
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  Speaker 1: Yeah, there's seven kilometers of targets to test, which is substantial,
• 9:59
  Speaker 1: is huge, and we are learning and understanding how big
• 10:02
  Speaker 1: the system really is. And we see a lot of
• 10:05
  Speaker 1: evidence of copper as you're aware, on surface in many
• 10:08
  Speaker 1: different areas and projecting to potential copper Beney surface. Obviously,
• 10:12
  Speaker 1: grade width and economic potential is to be figured out
• 10:16
  Speaker 1: with the drill bit, but we have some incredible targets,
• 10:19
  Speaker 1: and not that we need them, but we're finding additional
• 10:21
  Speaker 1: targets as we learn more with the first droll holes
• 10:24
  Speaker 1: into the system. This is really a drill for knowledge
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  Speaker 1: and go for it. You know. On the copper side
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  Speaker 1: of things, we are chasing a scarn first, but we
• 10:32
  Speaker 1: are seeing potential evidence for a poor free to exist
• 10:35
  Speaker 1: as well. It's kind of the best of all worlds. Now,
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  Speaker 1: it's just about the drill and waiting for those first
• 10:40
  Speaker 1: holes and seeing how they come together. But we have
• 10:43
  Speaker 1: so much real estate to test here. The thirty holes
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  Speaker 1: won't be enough to test the full seven kilometers. I
• 10:48
  Speaker 1: can say that right now, and I believe strongly that
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  Speaker 1: we will droll well past that. But there are some
• 10:53
  Speaker 1: really really robust targets that we're going after, and the
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  Speaker 1: geology looks looks really encouraging, so we're really excited about
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  Speaker 1: how it's going.
• 11:01
  Speaker 3: Yeah, it almost becomes a problem when you have too
• 11:03
  Speaker 3: many targets and then you got to start picking them.
• 11:06
  Speaker 1: Right, well, you got to drill them all, you know,
• 11:08
  Speaker 1: in this case here, based on the environment and the
• 11:10
  Speaker 1: scale of the opportunity. That's how we feel. And you know,
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  Speaker 1: I couldn't tell you which it is the best target
• 11:15
  Speaker 1: yet that's going to come from the drill bit and
• 11:17
  Speaker 1: the back of the thirty or forty holes that we
• 11:19
  Speaker 1: drill in this first phase. I will say the fact
• 11:21
  Speaker 1: that we have that pipeline, we're very very target rich.
• 11:25
  Speaker 1: That gives so many more opportunities to miss and to
• 11:28
  Speaker 1: hit right, and I expect both. I don't think all
• 11:30
  Speaker 1: of them are going to be there. I think there's
• 11:32
  Speaker 1: going to be some that are surprises both positive, and
• 11:36
  Speaker 1: some they are going to be missus. That's how scarrings work.
• 11:38
  Speaker 1: But right now the system looks really really encouraging and
• 11:41
  Speaker 1: we're really excited to be drilling it.
• 11:43
  Speaker 3: All right. Well, hey, I appreciate the update. Ivan, great
• 11:47
  Speaker 3: to hear that the stock is finally live and trading.
• 11:51
  Speaker 3: You want to go over to copernicometals dot com sign
• 11:54
  Speaker 3: up for notifications so you can get the latest when
• 11:57
  Speaker 3: the drill results start flowing and the feeling they're and
• 12:00
  Speaker 3: a flow fast and furious. Ticker symbol on the t
• 12:03
  Speaker 3: s X is co O p R. Ivan. We'll talk
• 12:06
  Speaker 3: to you again soon and get the next update.
• 12:08
  Speaker 1: All right, thank you very much, look forward to it.
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  Speaker 2: The Financial Survival Network