Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review some recent news catalysts out of 2 different exploration companies, Eloro Resources (TSX.V: ELO) (OTC: ELRRF) and Brixton Metals (TSX.V: BBB) (OTC: BBBXF).
Eloro Resources made recent land acquisitions of the Mina Casiterita and Mina Hoyada properties that cover 14.75 km2 southwest and west of their flagship Iska Iska Project. Erik feels news like this is usually shrugged off by the market, but that the company has good indications their silver-tin porphyry system extends onto this land, and that investors get the optionality of future drilling upside on this land package without much value being priced in.
Next we discussed the recent news from Brixton Metals, which caught Erik’s attention because they brought in BHP Group (NYSE: BHP) as key strategic stakeholders. This is significant because as a major base metals producer they have a very experienced team that has now vetted the Camp Creek Copper dominant porphyry project as prospective for a discovery. Erik points out that since BHP is most mostly interested in the large copper project potential in their strategic positioning, that this also gives investors additional potential upside for further gold discoveries a the Trapper Gold Target, as well as the Outlaw Gold Target and the Metla Copper-Gold Target.
*In full disclosure, some of the companies mentioned by Erik are personal positions in his portfolio and may be covered or site sponsors on The Hedgeless Horseman website.