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GRL · GreenLight Metals (TSXV) 0.2750 CAD +0.0050 (+1.85%) 2026-SEP-18 10:24 EST

My allocationNot heldas of 2026-SEP-03 · allocation page ↗
Research: QT · SA · STK1 mention
2026-AUG-28 · Jeff Phillips · Natural Resource Stocks (host Steve Yang) · Positiveinsight · ▶ 11:54 · source page ↗0.29 CAD

In short: Consults and is a large shareholder. Wisconsin turned mining-friendly again ~5–6 years ago and GreenLight tied up the old Rio Tinto ground; "a very good speculation on copper in the United States, which is a critical metal," just granted FAST-41 federal fast-track. ~C$24M cap, trading below a $12M no-warrant raise a year ago, cash in the bank and no need to raise. Drill results due early September, before Beaver Creek.

In plain English

GreenLight is exploring for copper in Wisconsin — a state that effectively banned mining for about twenty years and reopened to it five or six years ago. Rio Tinto once ran producing mines there. GreenLight's idea was simple: quietly lock up all that abandoned ground before anyone else remembered it existed.

Two things make Phillips like it at roughly a C$24 million valuation. First, price: the stock trades below where the company raised $12 million a year ago, and that raise came without warrants (no sweetener attached), which tells you it was priced honestly. It has cash and doesn't need to sell more shares soon — so existing holders won't be diluted. Second, politics: copper is on the US critical-minerals list and GreenLight just received FAST-41 status, a federal programme that puts a project on a faster, more predictable permitting track. Domestic copper with Washington's thumb on the scale is a very different proposition from copper in a difficult jurisdiction.

He consults for GreenLight and is a large shareholder — and he explains the mechanism plainly: he only consults where he already owns a lot, because his pay-off is the share price, not the fee. Drill results are due in early September.

11:54You don't have to worry about that. So Green Light with a I don't know it's probably a $24 million Canadian market cap. I think it's a very good speculation on copper in the United States which is a critical metal and then they just got fast 41 which means the US government's going to advance their they're on a fast track type thing.

SOD 0.29 CAD

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