Erik Wetterling – Reviewing A Couple Of Earlier-Stage Gold Exploration Stocks
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to outline a 2 earlier stage exploration stocks that he feels represent intriguing risk reward setups based on the management teams, projects, and work strategy in relation to their market caps. One point he stressed is for investors to consider appropriate smaller position-sizing on earlier stage companies with far more risks than more established companies with resources in the ground or economic studies in place
We start off by discussing the recent drill results reported back from Firefox Gold (TSX.V: FFOX) (OTC: FFOXF), and how exploration success here may get a premium due to gold area play we’ve seen recently in Finland, with Rupert Resources (TSX: RUP) (OTC: RUPRF), Aurion Resources (TSX.V: AU) (OTC: AIRRF), B2Gold (TSX: BTO) (NYSE: BTG), and Agnico Eagle (TSX: AEM) (NYSE: AEM).
Next we discussed the earlier stage pre-discovery stock Gold79 Mines (TSX.V: AUU) (OTC: AUSVF), exploring in Nevada and Arizona on multiple projects, with Jefferson Canyon (partnered with Kinross), Greyhound (JV with Agnico Eagle Mines Ltd.), and Gold Chain. Erik is most animated by the exploration prospectivity of the Gold Chain project, and unpacks why he likes the project and team.
*In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and many are also site sponsors of The Hedgeless Horseman website. Aurion Resources are also sponsors of the KE Report.