Erik Wetterling – 2 Junior Resource Stocks He Thinks Offer Compelling Value Propositions
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss his value investing strategy, and he reviews 2 junior resource stocks with recent news catalysts that he feels represent intriguing risk-reward setups.
We start off discussing the misnomer where most investors assume “the markets are always right;” only to see wild swings in prices and valuations over very short periods of time, to the upside and downside, with no substantive change in the company’s underlying assets. If nothing major has changed with a company, but there are wild fluctuations in pricing and company valuations and extreme changes, merely based on sudden sentiment shifts, then was the market right before or after that move?
We then have Erik outline what he likes about potential development growth and pathway to copper production with Trigon Metal (TSX.V: TM) (OTCQB: PNTZF), and the underappreciated recent gold drill results and potential exploration upside at Firefox Gold (TSXV:FFOX) (OTCQB:FFOXF).*
*In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and are also site sponsors of The Hedgeless Horseman website.