Erik Wetterling – Talking Nickel Fundamentals And Nickel Stocks With The Hedgeless Horseman
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to take a deep dive into the supply/demand value drivers in the nickel sector, and related nickel stocks. There are a number of factors on a global basis that are going to affect future Russian and Indonesian supply, and few recent news events that has Erik bullish on nickel, and he eludes to other prior periods where the US has considered it a critical mineral for geopolitical conflict and growth of industry, that may mirror the time period we are moving into once again.
This highlights the need for western nations to identify key sources of domestic supply and leads us into some of the resource stocks that are getting investment from both governments, manufacturers, and even some of the large precious metals mining companies. Erik provides a few examples of nickel companies seeing new influxes in capital over the last year and even some recent announcements of strategic stakeholders in Canada Nickel (CNC.V) (CNIKF), FPX Nickel (FPX.V) (FPOCF), and Stillwater Critical Minerals (PGE.V)(PGEZF). We also talk about the historic role of Sudbury Canada in nickel supply and why he is animated by the progress of Magna Mining (NICU.V) (MGMNF). On the earlier-stage nickel exploration side, Erik also reviews some of the big trading volume and pop higher in Nican Limited (NICN.V) this week, as a stock he’s been positioned in that is starting to get noticed.*
*In full disclosure, the companies mentioned by Erik in this interview include personal positions in his portfolio, and they may also be site sponsors on The Hedgeless Horseman website at the time of this recording. Additionally, Shad has a position in Stillwater Critical Minerals and Canada Nickel at the time of this recording.