Erik Wetterling – As More Junior Companies Are Acquired By Larger Producers – Which Companies Could Be Next?

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss the continued wave of merger and acquisition transactions we’ve seen during the lower sentiment period in the gold stocks, and which companies could be next. We review a number of transactions where the larger producers are taking over the advanced explorers and developers with defined ounces in the ground as well as the smaller producers with exploration upside.  Additionally, we are getting messaging from high net worth activist investors and senior miners taking strategic stakes in the junior precious metals explorers, that now is the time be positioning in quality projects for future development.


Erik highlights 2 junior gold explorers that he feels are starting to define the ounces and build out the kind of district scale mineralized trends that could attract some of the larger producers to potentially acquire these projects down the road.  He lays out the value proposition he sees developing in both First Nordic Metals (TSXV: FNM) (OTCQB: FNMCF) and Red Pine Exploration (TSXV: RPX, OTCQB: RDEXF). *


*In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.




Click here to visit Erik’s site – The Hedgeless Horseman

    Apr 19, 2024 19:39 AM

    GOLD: The Real Thing? Pierre Lassonde, Eric Sprott, Michael Oliver, Luke Gromen & Ned Naylor-Leyland

    Mining Network – Apr 17, 2024

    We hear from, three ‘mining billionaires’ i.e. men that manage $1 billion or more of mining investments, one of North America’s most followed momentum & structural analysts, and the ‘macro man of the moment’ that can explain why Gold IS The Real Thing.

    > Simon Catt is joined by a legendary line-up including:

    – Eric Sprott – a legend in the world of mining investment with a $ billion family office, founded Sprott Securities and Sprott Asset Management. Eric’s influence across Canadian mining finance is as significant as anyone alive today.

    – Pierre Lassonde – founder of the worlds largest and most successful gold royalty company, Franco Nevada and philanthropist, is sometimes known as ‘the Fire Starter”. When your name becomes a noun aka “The Lassonde Curve” describing the typical lifecycle of a junior mining company you know you have had an impact on your industry.

    – Ned Naylor-Leyland – fund manager of the Gold & Silver Fund at Jupiter Asset Management in London is, we think, the foremost silver bull and expert in the world with the possible exception of Eric Sprott.

    – Luke Gromen – macro commentator and founder of “Forest For The Trees” connects the dots better than anyone we know explaining how and why The US Treasury and Federal Reserve policy interacts with BRICS+ determination to create an alternative to US dollar reserve asset base backed by gold.

    – Michael Oliver – founder of “Momentum Structural Analysis”, is one of North America’s best followed technical analysts in his April 7th 2024, 360 degree Weekend Report said: “We expect…”

      Apr 19, 2024 19:54 AM

      Thanks for posting this link. It was really great to hear what these deeply knowledgable PM investors see the prices of gold and silver (in $US ) by the end of year and the top of the bull market. The consensus prices are are eye-watering. Also, great discussion on historical PM bull markets and the gold:silver ratio. Although I have read/heard some of these rationales/prognostications before, the nexus of agreement among these 5 people is extraordinary.

        Apr 19, 2024 19:30 PM

        I posted that link two days ago so I guess The Hedgeless Horseman gets more clicks than Mike Larson. (Understandably in my opinion 🙂)

          Apr 19, 2024 19:57 PM

          You get alot of clicks also

            Apr 19, 2024 19:52 PM

            Thanks Terry.
            Check this out. I made the following chart 6 years and one day ago yet that old speed line support-turned-resistance still seems to matter. It gave way in April of 2022 and then marked the high in the second week of April ’23 as well as the second week of April ’24 (so far). Perhaps more noteworthy is the fact that it was resistance for about a month in 2020 before SLV went straight up another 65%. So considering the action at that line during each of the last five years it’s safe to assume that it still matters and will probably unleash another powerful move once it is overcome again.