Copper Project Secures US Government Backing to Rally 28%

Good Afternoon! 

Hey, everyone. It's Adam from Elite Trade Club. Here’s what moved the market today.

Gold & Copper Surge (Sponsored)

On Behalf of Abitibi Metals

Gold Just Hit Another Record. This Junior Could Be Next

Gold just shattered its all-time high—surging past $3,237/oz as rate cut bets, sticky inflation, and geopolitical volatility drive capital into hard assets.

This isn't a short-term trade. It’s a structural shift—and smart money is moving fast.

Meanwhile, copper is quietly rebounding after hitting a decade high of $5.25/lb and dipping on tariff fears. It’s now bouncing back to $4.53/lb, with demand from AI, EVs, and electrification ramping higher.

And yet… one of the most compelling copper-gold discoveries in Canada with nearly 550 pounds of copper and 369,000 ounces of gold is still flying under the radar.

The grades? Exceptional.

Recent intercepts include 10.6 metres at 11.4% CuEq within a high-grade core of the deposit.

They’ve drilled 30,000 metres, raised over $32 million, and are supported by one of Canada’s most respected investment banks—the same group that helped finance another copper breakout before it ran 16x.

And insiders? They’re all in—accumulating over 3 million shares on the open market since January.

With a $31 million valuation and another 50,000 metres of fully funded drilling ahead, this explorer is one of the few that checks every box: grade, scale, jurisdiction, and serious institutional support.

With gold breaking records and copper demand heating up again, this may be one of the best dual-metal setups in the market today.

Unlock the name and symbol now.

*SGS Canada Inc. is responsible for the Technical Report. The Qualified Persons (“QPs”), as defined under NI 43-101, are Yann Camus, P.Eng., and Olivier Vadnais-Leblanc, P.Geo.

Markets 📈

U.S. indices ended lower, except for the Russell 2K small cap index, as investor sentiment was weighed down by tariff uncertainty. The Dow Jones dropped close to half a percent as a result.

Market-Moving News 📈

Financial Services

Citigroup Gains Ground in Equities and Advisory as Clients Rebalance Portfolios

Citigroup (NYSE: C) reported stronger performance in its trading and advisory segments in the first quarter, driven by increased client activity amid global policy uncertainty. Executives pointed to elevated market volatility and shifting trade expectations as factors behind the uptick in institutional engagement.

The bank noted a higher demand for portfolio repositioning services as investors responded to recent tariff policies and tightening financial conditions. Activity in stock trading platforms rose, while investment banking revenue improved, particularly in merger advisory.

Senior leadership emphasized the importance of maintaining flexibility in capital markets during periods of policy transition. Executives acknowledged that current trade dynamics and regulatory conversations shape client sentiment but highlighted continued opportunities in transactional flows and deal structuring.

Citigroup’s overall financial performance for the quarter exceeded analyst expectations. The bank reported gains in several core revenue lines, citing disciplined execution and sustained client demand across global platforms.

The firm's strategic focus remains expanding relationships across corporate, institutional, and sovereign channels. It also pointed to an internal effort to streamline operations and improve efficiency ratios across business lines.

Further updates are expected in the company’s midyear filings, including segment-level performance details and strategic guidance.

High-Grade Discovery (Sponsored)

On Behalf of Abitibi Metals

Insider Buying. High Grades. And the Market Isn’t Watching

Billionaires. Bankers. Insiders. All backing a small explorer with 950M lbs CuEq and high- grades.

Copper’s breaking out. This might be the next big one.

Get the symbol here.

*SGS Canada Inc. is responsible for the Technical Report. The Qualified Persons (“QPs”), as defined under NI 43-101, are Yann Camus, P.Eng., and Olivier Vadnais-Leblanc, P.Geo.

Enterprise

Hewlett Packard Enterprise Draws $1.5B Investment from Elliott in Strategic Activist Move

Hewlett Packard Enterprise (NYSE: HPE) has become the latest focus of Elliott Investment Management, which has built a position exceeding $1.5 billion in the company. The activist fund now stands among HPE’s largest shareholders and intends to engage with management on business performance and value strategy matters.

Elliott’s investment arrives during a period of HPE transition. The company is executing a multi-year cost reduction plan to reduce expenses by hundreds of millions. This initiative includes a 5% reduction in the global workforce and other operational changes targeting efficiency improvements.

In parallel, Hewlett Packard Enterprise is pursuing the acquisition of Juniper Networks through an all-cash deal currently under regulatory review. The U.S. Department of Justice has filed to block the merger, citing competitive concerns in networking infrastructure and cloud solutions.

Elliott has a long record of investing in large-cap technology firms and influencing strategic decisions at the board level. The firm has not commented publicly on its plans for Hewlett-Packard Enterprise, and neither party has disclosed specific engagement terms.

Hewlett Packard Enterprise continues to focus on integrating AI infrastructure and hybrid cloud services into its long-term growth model.

High-Grade Resource (Sponsored)

On Behalf of Abitibi Metals

Copper is climbing again—and this time, it looks tariff-proof.

A $31M junior just posted nearly 1B lbs of copper equivalent. 

With insiders and institutions piling in, this could be the next breakout.

[Full details here.]

*SGS Canada Inc. is responsible for the Technical Report. The Qualified Persons (“QPs”), as defined under NI 43-101, are Yann Camus, P.Eng., and Olivier Vadnais-Leblanc, P.Geo.

Corporate

Lazard Expands Presence in Gulf Region with Advisory Launch in UAE Capital

Lazard (NYSE: LAZ) has opened a new financial advisory office in Abu Dhabi, reinforcing its regional expansion strategy in the Gulf. The UAE capital will serve as the firm’s primary base for advisory services in the country, focusing on sovereign, institutional, and cross-border client activity.

This move supports Lazard’s broader plan to grow international advisory operations in markets with accelerating capital flows. Abu Dhabi’s emergence as a hub for global financial institutions positions it as a key location for engaging with state-backed investors and high-growth private capital.

Advisory teams will prioritize mandates across infrastructure, energy, and financial transactions tied to regional development—the firm plans to build client relationships through on-the-ground access and long-term market engagement rather than satellite coverage.

Several global banks have expanded in the UAE in recent years, responding to rising demand from local institutions and sovereign wealth funds. Lazard’s presence in Abu Dhabi aligns with its long-term approach to sector-specific advisory work in emerging financial centers.

Continued global expansion remains central to the firm’s advisory growth model. By adding strategic offices in high-opportunity markets, Lazard seeks to increase its exposure to deal activity and enhance access to capital-intensive sectors.

Ivanhoe Electric Inc [IE] $6.48 (+28.32%)

Ivanhoe Electric recovered from its record low after receiving a letter of interest from the U.S. EXIM Bank for up to $825M in financing for its Santa Cruz Copper Project.

Precision Biosciences Inc [DTIL] $5.52 (+23.77%)

Precision Biosciences rose on Tuesday after the FDA granted Fast Track designation to its hepatitis B gene-editing therapy.

Skillsoft Corp [SKIL] $21.29 (+22.01%)

Skillsoft, which provides an AI-powered learning platform, extended its recovery after reporting Q4 financials, improved cash position, and a solid outlook for fiscal year 2026.

Rent The Runway Inc [RENT] $4.41 (-18.18%)

Rent The Runway, which operates a shared designer closet, saw its stock tumble after posting Q4 and full-year results as investors contemplated the company’s losses.

New Fortress Energy Inc [NFE] $4.98 (-12.48%)

New Fortress Energy extended losses to a record low as concerns rose over its near-term profitability.

Allegro Microsystems Inc [ALGM] $19.89 (-9.63%)

Allegro Microsystems tumbled after Onsemi withdrew its acquisition offer worth $6.9 billion, citing a lack of engagement from Allegro’s board.

Junior Mining Spotlight (Sponsored)

On Behalf of Abitibi Metals

11.4% Copper Grades. A $31M Valuation. And Copper at $5.12/lb

Copper is on the rise once more—and this time, it’s not just price speculation.

Supply is tight. New production is lagging.

And global demand—from EVs to AI—isn’t letting up.

And one little-known explorer just posted grades that are hard to ignore: 11.4% CuEq over 10.6 metres within a high grade core of the deposit.

Their updated resource now includes nearly 1 billion pounds of copper equivalent—with strong gold credits and major upside still on the table.

But what really stands out? They’re funded. They’re drilling. And they’ve earned the attention of a global mining bank known for backing billion-dollar breakouts.

At just $31 million CAD, this may be the most undervalued copper story in North America today.

The parallels to other past success stories are hard to ignore.

Insiders are loading up. Institutions are circling. And copper’s rise may just be getting started.

You won’t find many setups this tight—especially at this stage of the cycle.

Get the name and symbol now.

*SGS Canada Inc. is responsible for the Technical Report. The Qualified Persons (“QPs”), as defined under NI 43-101, are Yann Camus, P.Eng., and Olivier Vadnais-Leblanc, P.Geo.

That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!

Thanks for reading. I'll see you at the next open! 

Best Regards,
— Adam G.
Elite Trade Club

Click here to get our daily newsletter straight to your cell for free.

P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP.

*Standard message/carrier rates may apply.

Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website, which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside these emails.