Mar. 18 at 6:27 PM
$NRED.CSE Historical analogs show how fast that window can move
Reyna Gold (2021): from about CAD 0.08 to CAD 1.40, a gain of roughly 1,650%, after IP anomalies were confirmed and drilling was announced. That move happened before any major drill result
$CNL.TSX Collective Mining (2021-22): from about CAD 0.30 to CAD 4.20, up roughly 1,300%, after early Cu-Au discovery drilling in Colombia. That was the classic explorer re-rating curve once the story moved from concept to proof
$COSAF Cosa Resources (2023): from about CAD 0.15 to CAD 1.80, or roughly 1,100%, driven mainly by exploration excitement around the target stage
The market usually pays hardest at the transition points: anomaly - drill-ready target - first hit. That is where speculation, scarcity, and momentum tend to stack together
