FULL DISCLOSURE: Selkirk Copper is a sponsor of theDeepDive.ca.
In this conversation with Colin Joudrie, President & CEO of Selkirk Copper Mines Inc. (TSXV: SCMI), we discuss why he believes copper’s current strength looks more structural than temporary, what years of underinvestment have done to global supply, and why near-term copper developers may be in a better position than many investors appreciate. Colin explains how delays at major mines, negative TCRC levels, and a long permitting timeline for new supply are all feeding into a tighter copper market that could last for years.
We also get into the Minto restart story, why Selkirk saw value in an under-loved and under-attended asset, what 52,000 meters of drilling changed, and what needs to happen next before a restart decision can be made. Colin walks through the coming resource update and PEA, the dewatering and rehabilitation work on site, the importance of the Selkirk First Nation partnership, and what a successful next 12 months would look like as the company moves toward feasibility, permitting, and financing.
FULL DISCLOSURE: Selkirk Copper is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Selkirk Copper. The author has been compensated to cover Selkirk Copper on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
