Erik Wetterling – Acquiring Quality Mining Stocks Into Sector Weakness Before The Sentiment Shifts Back Higher
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss why he continues to be aggressively accumulating quality gold and silver stocks into the sector weakness, before the sentiment shifts back higher once again.
He reiterated the value he sees in the Beta mining stocks, with defined ounces in the ground, which offer increasingly attractive risk reward profiles and optionality to the eventual shift to higher prices. Another point he makes is picking the companies that have already created value in the top tier jurisdictions, that will receive a premium valuation and more interest once the worm turns in the precious metals. He also goes on to discuss the advantage of positioning in companies that have brought in key strategic stakeholders that have vetted and validated the project, and the types of terms and agreements he likes to see when these partners come into a junior.
Some examples of companies Erik flagged as having solid news and value creation that still haven’t received as much credit as they are due from his perspective are: Western Alaska Minerals (WAM) (WAMFF), Barsele Minerals (BME) (BRSLF), and Goliath Resources (GOT) (GOTRF).*
*In full disclosure, many of the companies mentioned by Erik, in this interview include personal positions in his portfolio, and they also may be site sponsors on The Hedgeless Horseman website at the time of this recording. Shad also holds positions in both Goliath Resources at the time of this recording.