Erik Wetterling – New Discoveries; Discussing Different Stages of Discoveries and Investing Strategies
Erik Wetterling, Founder of The Hedgeless Horseman joins us for a discussion on investing in new discovery plays. This conversation came up on the back of the Bell Copper news release commenting on drill core including pictures of the core. This more than doubled the stock price.
We discuss the different stages of a discovery, from pre-discovery to follow up drill programs that continue to grow a discovery into a true asset and resource. We tie in typical stock moves that we see at each stage of the discovery and why some investors miss out on the biggest moves. On the other side of things we outline just how risky these plays are.