NRED is building something the market isn’t pricing at all.

Recently i've read fvck ton posts on NRED, same stuff land size, proximity to some pit etc. But I don't see many people, or any, talking about whether NRED's technology stack (whicj is heck of a stack) could eventually be worth more than the copper project itself.

MetalCore has 4 million records and waitlist filled to brim. It's a proprietary AI geospatial platform for exploration targeting. The EyeX computer vision evaluation is ongoing, a potential operational intelligence layer for mine sites. Tracks your truck oil leaks broken off excavator teeth that can screw with ur grinders or whatever these are called. Id name it disaster prevention tech. latest, A CTO with a decade in AI and computer vision was just hired. The company plans to rebrand as NRED Intelligent Mining Inc.

Now, after some digging numbers look interesting to say the least.

The digital mining market is projected at $72 billion this year, heading to $106 b by 2031. The AI and analytics segment inside that is growing at 11% annually, the fastest growing part of the entire sector. NRED's market cap is sitting around C$25 m. That's roughly 0.04% of this year's digital mining market alone.

If the market ever starts valuing even part of NRED as a mining technology company instead of just a copper explorer, the math changes completely. For me, it is a visibility issue. The macro tailwind is real, mining companies are spending more on AI and analytics every year, and NRED is one of the few juniors actually building proprietary technology in that space. I think all of us r looking at the copper and missing the software market entirely.