Podcasts about Wetterling

Recorded Monday October 27th:  Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us for a nuanced discussion on how company valuations can shift more due to investor sentiment than on actual fundamentals and newsflow during precious metals pullbacks. These are opportunities for resource investors to exploit these market disconnects.    We start off looking at how companies releasing positive news are still being sold off indiscriminately, due to the overall shift in sector sentiment, as we've seen the gold and silver prices continue retreating from their highs of 2 weeks ago.   We start off noting the deeper pullbacks are occurring in the stock that conversely went up the most on the recent runs to new highs.   It makes sense to see the pullbacks in the  PM producers due to their tighter correlation with PM prices.  Erik points out that metals prices are much less relevant to junior exploration companies or even early-stage developers still many years away from metals prices affecting future production.   This type of environment where banked success is selling down in tandem with companies that may not even have any defined gold or silver ounces in the ground has Erik animated by the 2nd wave of the Lassonde Curve, where developers go on a run as the market rerates their projects and leverage to higher metals prices down the road.   Erik highlights how he disregards fluctuations in valuations based on sentiment, focusing on longer-term value investing principles and companies that have catalysts on the horizon. He outlines the strategy for making peer comparisons on valuation changes, that may differ on fundamental news drivers, even though there are comparative percentage drops in share price or market caps; making one group of companies more attractive. We also discuss how Erik is fully deployed, so he uses a “value shuffling” approach to high-grading his portfolio with the companies that have the most upside potential based on fundamental catalysts.     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.   Click here to follow Erik's analysis over at The Hedgeless Horseman website

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me for a candid discussion to review how different stages of the precious metals stocks are responding to the outsized corrections today and at the end of last week in gold and silver prices.   We start off noting the deeper pullbacks are occurring in the producers due to their tighter correlation with PM prices.  These stocks had attracted a lot of attention from momentum investors, that often were piling in without much thought as to the specific fundamentals or longer-term investing case for these companies.   In contrast, the alpha-driven gold or silver explorers are much more driven by newsflow, and so the metals prices are less germane.  As a result, they've actually been more resilient to this sector correction, and were some of the only stocks in the green on a turbulent day in a sea of red.  Erik points out though, that they also didn't have as much upside torque as the metals prices were climbing, because again they are driven by their own micro catalysts and fundamentals.   Erik is becoming more animated by the second wave of the Lassonde Curve, where the developers have the leverage and optionality to rising metals prices, but there remains a large delta in where the ounces in the ground are being valued versus the margins that the producers are making for each ounce of gold or silver they pull out of the ground and process.   Click here to follow Erik's analysis over at The Hedgeless Horseman website   For more market commentary & interview summaries, subscribe to our Substacks:   https://kereport.substack.com/ https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In dieser Folge des Ausdauerwelt Podcasts – Community Talk spreche ich mit Mike Wetterling, der sich einen ganz besonderen Traum erfüllt hat: einen selbst organisierten Ultra-Triathlon quer durch die Schweiz.  Mike berichtet, wie aus einer verrückten Idee ein echtes Abenteuer wurde – ganz ohne offizielle Veranstaltung, aber mit voller Leidenschaft. Wir sprechen über: die Planung und Logistik hinter so einem Mammutprojekt, mentale Herausforderungen und die Kraft, trotzdem weiterzumachen, und was er aus dieser Erfahrung für sein zukünftiges Training mitnimmt. Ein inspirierendes Gespräch über Motivation, Eigeninitiative und die Faszination, die im Triathlon weit über Zeiten und Medaillen hinausgeht. Hat dir die Folge gefallen? Dann abonniere den Ausdauerwelt Podcast und lass uns gerne eine Bewertung da – so hilfst du, dass noch mehr Ausdauersportler unseren Podcast entdecken. Du hast Fragen, Feedback oder ein Thema, das wir besprechen sollen? Schreib uns einfach – vielleicht bist du schon bald Teil einer neuen Episode. Mehr Infos zu Coaching, Camps und Community findest du hier: https://jorge-sports.com

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to recap the Nordic Funds and Mines conference last week in Stockholm, Sweden and some of the resource companies that stuck out to him with attractive catalysts on tap to build future value.   We start off discussing the key takeaways from the conference with regards to the quality of the event, the various metals in focus, investor sentiment, and some of the silver and gold companies where he sees an attractive value proposition.   Erik highlights a precious metals producer with expansion potential and an antimony credit, a PM developer with a potential permitting catalyst along with exploration upside, and true grassroots exploration story in the Golden Triangle, funded for a compelling drill program next exploration season.    >> The companies we discuss in this interview are:   Americas Gold and Silver Corp (TSX: USA) (NYSE American: USAS) Silver Tiger Metals Inc. (TSXV: SLVR) (OTCQX: SLVTF) Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF)    Click here to follow Erik's analysis over at The Hedgeless Horseman website   For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Recorded October 7th, 2025:  Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review adjustments that he is making to the value proposition in 3 gold exploration stocks, based around recent press releases and milestones. He sees this newsflow as much more relevant for any changes in the company's valuation (either up or down), than the improving sentiment within the backdrop of rising underlying precious metals price environment.   >>  The companies we discuss in this interview are:   Rackla Metals Inc. (TSX-V: RAK) (OTC: RMETF) West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF),   Click here to follow Erik's analysis over at The Hedgeless Horseman website   For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review why the value proposition in the exploration alpha plays are based around news catalysts and milestones, more so that higher metals prices.  For this very reason, he's less interested in the sector sentiment turns we've seen in the valuations of producers and advanced developers in the higher underlying metals price environment, and more animated by the fundamental prospectivity of the explorers that haven't moved up as much yet, but have the biggest potential for gains if they deliver on their thesis and make a discovery and define a significant future economic deposit.   Erik discusses some of the nuances around valuing the potential upside in gold and copper exploration companies, that have compelling drill targets, large strategic shareholders that have already vetting the projects and management teams, are in the right jurisdictions, and that have the potential for rapid upside moves if they make compelling discoveries while expanding resources.     >> The companies we discussed in the interview are:   Red Canyon Resources Ltd. (CSE: REDC) (OTCQB: REDRF) New Break Resources Ltd. (CSE: NBRK) Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF)   * In full disclosure, some 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 follow Erik's analysis over at The Hedgeless Horseman website   Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review his key takeaways from the Precious Metals Summit in Beaver Creek, and the best opportunities he sees presenting themselves in the resource sector.  Additionally, we get to hear Erik's reaction to the news that broke this Monday reporting on the merger of First Nordic Metals with Mawson Finland, to produce a larger Scandinavian exploration and development vehicle.   Coming into the PM Summit in Beaver Creek, gold, silver, and the precious metals stocks were continuing to make new highs, giving a much improved sentiment to the conference as the bull market raged on. We also got into the nuances of how one may need to adjust company valuations in a dynamic way based on how their newsflow compliments or is at odds with the underlying macro conditions and gold and silver price action.   Erik points out that many of the PM producers and developers, that looked grossly undervalued a year ago and seemed to be ignoring the surging metals prices, are now finally up multiple-fold.  Even the optionality “beta” plays, with sunk costs and banked success via ounces in the ground, have continued to rerate higher at this point; making them less attractive from his vantage point.   In contrast, many of the exploration stocks have only started to move recently, and some explorers or early-stage discovery stocks haven't even moved that much in contrast to the rest of the sector. Erik remains more encouraged by these “alpha” plays, that have clear catalysts on the horizons from their ongoing work programs.   We then shifted over to the news that broke early this week on September 15th, announcing the merger of First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQX: FNMCF) (FSE: HEG0) and Mawson Finland Limited ("Mawson") (TSXV: MFL) (FSE: PM6).   Erik unpacks the synergies that he sees in this transaction between the 2 companies, the value proposition of their combined projects, management teams, and board of directors, and how this may provide a better cost of capital, more liquidity, and the ability to negotiate with Agnico Eagle from more of a position of strength.   This transaction will consolidate a large and prospective gold development and exploration portfolio in Sweden and Finland, including First Nordic's Barsele Joint Venture Project and Gold Line Belt projects in northern Sweden and Oijärvi Project in northern Finland, and Mawson's Rajapalot Project and surrounding Rompas-Rajapalot Property in northern Finland.   In full disclosure, both Erik and Shad are shareholders of First Nordic Metals.   Click here to follow Erik's analysis over at The Hedgeless Horseman website     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us or a discussion on the psychological part of investing as sector sentiment improves in this ongoing precious metals bull market. We also get into the nuances of how one may need to adjust company valuations in a dynamic way based on how their newsflow compliments or is at odds with the underlying macro conditions and gold and silver price action.   We start off contrasting the upward pricing of gold and silver metals prices to record prices has been allowed many of the producers and higher quality developers to revalue, but that few of the gold juniors have had the type of outperformance and leverage that one would have anticipated in such a bullish backdrop and remain quite cheap still.  Erik makes the point that many of them, even after having moved up 100%-200% may actually look even cheaper than they did 1-2 years ago, in light of their newsflow, catalysts achieved, and married with the higher metals prices.   Erik addresses how he views different valuations scenarios that can befall junior resource stocks, and that not every portfolio laggard is an indication that something is wrong or that the position needs to be abandoned.     He also reviews some of the pitfalls that investors fall into rotating out of lagging stocks to chase stocks that are consistently running higher, only to see those same trends reverse and for people to be out of position and doubting their investing thesis at precisely the wrong times in the cyclicality of this volatile sector.   Click here to follow Erik's analysis over at The Hedgeless Horseman website   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Coach Wetterling talks the start of the Junior High Football season on Monday, August 18th, the need for a sports physical before participation, prepping for their first game on the season, and more on the Monmouth McDonald's Coach's Corner.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me for a longer-format more candid ‘fire-side chat' type of discussion, where we review the different trends in price performance, sentiment, and momentum across various stages of gold, silver, and copper stocks.   We start off contrasting the pricing reactions in the gold producers and higher quality developers to the moves higher in gold to record all-time highs.  Erik points out economic studies have had difficulty even keeping up with the rising metals prices over the last year, and how while of the quality gold stocks tracked the moves higher in gold, very few of the gold juniors had the type of outperformance and leverage that one would have anticipated in such a bullish backdrop in the underlying metals price environment.   Next we discussed how those same dynamics in compared to how the silver producers reacted to the rising silver price over the last year, and how the upside torque, and also the outsized moves down during silver corrections also filtered down more into the related silver junior stocks.  Erik points out that the narratives and trading psychology and sentiment around silver equities tends to be more extreme, but that the extremes in volatility is not really suited for most investors.   Then the discussion switched over the strange behavior so far this year in the copper equities -- where they seemed to be shrugging off both explosive moves up to new all-time highs as well as the extreme corrective moves with regards to the underlying copper pricing.    Over the last few years we have seen the copper producers get the bid first, and move more in synch with underlying metals pricing trends and sentiment. Erik outlines that copper juniors have acted more similar to gold juniors between 2020 and 2024 where gold kept making a run up towards $2,000 over and over and getting rejected back lower.  We've seen that play out the last few years with copper approaching and briefly eclipsing the $5 per lb level a few times, where the stocks quit believing that level would stick and build a higher pricing base. In a similar pattern the copper juniors have not participated as much until much higher copper prices finally got them moving.   Since we've seen the producers fair better overall thus far in the multi-year rallies in gold, silver, and copper sectors, compared to overall trends in wide swath of juniors, the question is posed to Erik regarding if people should even invest in junior resource stocks. Erik goes on to highlight some nuances around cheap and undervalued subsectors within resource juniors versus seniors, and why he remains constructive on how things will unfold moving forward in these evolving bull markets in the metals.   Click here to follow Erik's analysis over at The Hedgeless Horseman website

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review the value proposition that has his attention in the 3 gold exploration companies, that have compelling drill targets, large strategic shareholders, and the potential for rapid upside moves if they make more compelling discoveries while expanding resources.     >> The companies we discussed in the interview are:   Headwater Gold Inc. (CSE: HWG, OTCQB: HWAUF) announced July 22nd that it has signed a non-binding Letter of Intent (“LOI”) with a subsidiary of OceanaGold Corporation (TSX: OGC, OTCQX: OCANF). The parties propose to enter into a definitive agreement within 90 days for OceanaGold to acquire an option to earn up to a 75% interest in Headwater's TJ, Jake Creek and Hot Creek projects in Nevada through staged exploration expenditures totalling up to US$65,000,000 and the completion of Pre-Feasibility Studies.   Additionally, Headwater Gold announced on July 24th that drill permitting has advanced through the formal public scoping phase on Headwater's Lodestar project, located in western Nevada. Project scoping marks a significant step toward securing final drilling approval following the submission of a Plan of Operations to undertake a proposed 3,500-metre drill program. The Lodestar project is being explored in partnership with Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM) through an earn-in agreement announced on May 9, 2023.   Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCID: EQTRF) – On July 17th announced the mobilization of a diamond drill rig to the Cajueiro gold Project, in Brazil. Drilling will initially focus on testing depth and lateral extensions to the recently defined maiden mineral resource at Maria Bonita, followed by the drill testing of several recently identified porphyry targets within the Cajueiro district.   The company is cashed up for this exploration program after having raised $5.28 Million in a non-brokered Private Placement announced on July 2nd.   Cabral Gold Inc. (TSXV: CBR) (OTCQB: CBGZF) announced today the results of an updated Prefeasibility Study ("Updated PFS") on the development of near-surface gold-in-oxide material at the Cuiú Cuiú gold district in Brazil.   (we had recorded this interview yesterday and were unaware that this news would drop literally the next day, but this PFS shows the value proposition Erik outlined in the plan to develop and mine the saprolite for gold and earlier on cash flows from production to feed the exploration).   The Updated PFS, led by Ausenco do Brasil Engenharia Ltda. ("Ausenco"), resulted in significant improvements to the amount of gold produced, mine life, Net Present Value and Internal Rate of Return. These results confirm the Cuiú Cuiú gold-in-oxide starter project provides a high return and a low capital entry point to mine gold, with production possible within 12 months from an investment decision.     * In full disclosure, some 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 follow Erik's analysis over at The Hedgeless Horseman website

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review the value proposition that has his attention in the 3 pre-discovery gold and copper exploration companies, that have large Tier 1 drill targets and the potential for rapid upside moves if they make a compelling discovery and hit with the drill bit on current programs.     >> The companies we discussed in the interview are:   Rackla Metals Inc. (TSX-V: RAK) (OTC: RMETF) – On July 14th, 2025 Rackla Metals announced that drilling and had commenced at the BiTe zone on the Grad property NWT.  The Grad property was staked in July of 2024, and immediate prospecting defined strong gold mineralization at the base of the south facing cliff.  Further sampling in August identified significant sheeted veining hosted in the intrusive and that combined with the gold, bismuth and tellurium geochemistry made it clear that the Company had discovered a compelling Reduced Intrusion-related Gold Systems (RIRGS) occurrence that had never previously been identified or staked.   Inflection Resources Ltd. (CSE: AUCU) (OTCQB: AUCUF) – On July 21, 2025, Inflection Resources announced that it completed the acquisition of an 100% interest in a portfolio of copper-gold projects in the Northern Territory and New South Wales, Australia from subsidiaries of Newmont Corporation. This provides the company optionality on how to advance those properties. The main near-term value drivers will be when more assays get released from any of their four projects that JV option partner AngloGold Ashanti elected to advance to Phase II earn-in. The four Designated Projects are Duck Creek, Trangie, Crooked Creek and Nyngan.   Westward Gold Inc. (CSE: WG) (OTCQB: WGLIF) - On July 8, 2025, Westward Gold announced that drilling is underway at its flagship Toiyabe Hills Property in Lander County, Nevada. Over the next several months, Westward will be testing its Campfire Target Complex for the first time, with approximately 5,000 metres (~16,500 feet) of reverse-circulation (“RC”) drilling across this top-priority zone within the ~61 square-kilometer consolidated Property.     * In full disclosure, some 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 follow Erik's analysis over at The Hedgeless Horseman website

In this KE Report Daily Editorial, I'm joined by Erik Wetterling, founder and editor of The Hedgeless Horseman, for a deep dive into the silver market's breakout and the explosive rally in junior metals stocks.   Silver has been the standout performer in 2025, climbing over 30% YTD to a 14-year high near $40. Erik breaks down why junior silver equities, especially the smallest and riskiest names, have seen outsized gains, often disconnected from fundamental improvements. He explains how rising sentiment and a risk-on attitude are driving momentum, leading to sharp rallies in names with little more than leverage to the silver price.   We discuss: The shift from gold leadership to silver, and how the gold-silver ratio dropping from 107 to 85 reflects this change. Why microcap silver juniors are seeing the most aggressive moves - and how sentiment, not fundamentals, is often the driver. Erik's strategy: focus on undervalued names with upside but avoid speculative trades based only on “greater fool” theory. Stocks on Erik's radar: With commentary on project quality, valuation, and risk. As Erik puts it, the junior silver space may be “the worst sector long-term,” but in the current bull market, it's showing some of the best short-term returns. Sentiment is surging, but caution is warranted.  Click here to visit Erik's site - The Hedgeless Horseman.  

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review the value proposition that has his attention in the corporate news and strategies from 4 gold and silver exploration companies that have also seen participation from large strategic investors in their most recent financings.     >> The companies we discussed in the interview are:     Goliath Resources Ltd (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQB: FNMCF) (FRA: HEG0)     * In full disclosure, some 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 follow Erik's analysis over at The Hedgeless Horseman website

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me for a bigger-picture and candid conversation around investor sentiment, disconnects in valuations that we are seeing  across the sector in most of the gold and silver stocks, but especially in the junior PM stocks.    We dive into how price assumptions used in economic studies and their associated Net Present Values (NPV) are so low and conservative that it is likely doing the industry overall a disservice and not reflecting anywhere close to the modern day reality in the metals prices or current project values. As a result most companies are trading at tiny fractional metrics of where they should be, and much of this stems from a shell-shocked sector trying to use very low 3-year trailing averages in underlying precious metals price assumptions, but it is almost to the point of absurdity when compared to today's spot prices.   On many corporate presentations, when looking at stale-dated economic studies, or even newer ones that have sensitivities tables, they have base cases still using $1,800 gold and $22 silver, and upside cases that only go up to $2,400 or $2,600 gold… or $24 -$28 silver.  If one is lucky enough to find sensitivity tables that go up to $3,000 gold or $30+ silver, it still doesn't even present investors with numbers on where the actual spot prices are in either metal at much higher prices. Erik makes the point that most of these presentations “upside cases” should really be their “downside cases.”     Metals prices have been at $3,200-$3,500 gold and solidly above $30 silver in the $32-$35+ range for many months now, but there are hardly any economic studies that even incorporate prices where they have been for some time, much less legitimate upside cases from here.   We point out that the mining industry doesn't really need to be optimistic, we just need companies to start being more realistic in where their intrinsic values are at present.  There is no other sector of the market that so deeply discounts its present value, or is stuck looking backwards at prices from 3 years ago, and the mining sector is not playing to it's strengths today.   If the sector wants to attract generalist investors, then it needs to at least show valuations of projects at the current metals prices in its sensitivity tables and use metals assumptions values that are not so far divorced from todays prices.   When you combine the recovering sector sentiment that is still not believing current metals prices are going stick, with ounces in the ground valuations still often in the $20-$60 range, and takeover premiums that barely move those metrics to over $100 per ounce, when the current producers margins are $1,500-$2,000 per ounce of gold, then it is an environment where we could still see big reratings higher if the metals prices just channeled sideways.  Erik highlighted that even if gold went down to $2,800, the good gold junior developers should probably still go higher just to catch up to valuations that even factor in those prices.   Click here to follow Erik's analysis over at The Hedgeless Horseman website

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review the value proposition that caught his attention in the news from 3 earlier-stage gold, silver, and base metals exploration companies.  These explorers are going after drill targets on large potential Tier-1 deposits that would be of interest to senior producers if discoveries are made.    >> The companies we discussed in the interview are:   FinEx Metals Ltd. (TSX-V: FINX) Rackla Metals Inc. (TSX-V: RAK) (OTC: RMETF) Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF)     * In full disclosure, some 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 follow Erik's analysis over at The Hedgeless Horseman website

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review the value proposition that caught his attention in the news from 3 earlier-stage gold and copper exploration companies.  These explorers are going after drill targets on large potential Tier-1 deposits that would be of interest to senior producers if discoveries are made.    >> The companies we discussed in the interview are:   Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF)   * In full disclosure, some 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.  Additionally, Shad is a shareholder of all 3 companies at the time of this recording.   Click here to follow Erik's analysis over at The Hedgeless Horseman website

Published 15 June 2024We have rabbited on about this event for the years, the Stockholm Archipelago Raid. This year is a special edition, its the 25th running and they are doing the extreme course including a crossing to Finland. We reached out to Oscar Wetterling, a multiple participant and the last person to sink a boat during the race, (we think) to find out really what it is all about. Let us know if you would be keen to do it? Enjoy.#stockholmarchipelagoraid #f18 #catamaran #multihull #vaikobi #vaikobisail #radixnutrition #barkarate #sailingpodcast #barkarateconversations #worldsailingofficial #sailing #boat #ocean #sport #voile #sail #sea #offshore #sailors #sailingworld #extremesailing #foils #yacht #yachts #saillife #instayacht #sailingblog #instasail

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review the value proposition and key takeaways from the recent site visit that he took to see the First Nordic Metals (TSX.V: FNM) (OTCQB: FNMCF) projects along the Gold Line Belt of Sweden.   We start off getting some of the nuances around using the collective wisdom of other institutional site visit attendees and various members of the First Nordic team on-site to get a better understanding of the various projects, key targets identified, exploration work underway, and what criteria other investors and analysts were weighting more heavily.   The conversation then turned to the underlying value in the 2.4 million ounces of gold defined so far in the Barsele Project, in a JV with Agnico Eagle.   Erik outlines that some member of Agnico Eagle were present at the site visit and outlined 7 drill targets they'd be going after for this year's exploration program.   We also discussed the amount of drilling focus that the Aida target has received at the Paubäcken Project, with many assays pending release from the lab, and some showing visible gold. When Erik was there the team finished up drill hole #38.   The exploration team at First Nordic has also done a lot of targeting work for upcoming drilling at the Harpsund target, and more targeting underway at the Brokojan target.   The Storjuktan Project is also seeing drilling get underway at the Nippas target, which has had a lot of targeting work completed thus far.  Additionally, there are several other regional targets at Storjuktan that different geologists and analysts were animated by, particularly Bråna to the south, due to mineralization that is outcropping at surface.   We wrap up discussing the financial health of the company to continue the ongoing 25,000 meter drill program across the Gold Line Belt.      * In full disclosure, some 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 follow Erik's analysis over at The Hedgeless Horseman website  

I veckans program ska vi glänta på dörren till några konstnärsgarderober och titta närmare på hur deras kläder inspirerat inte minst modeskapare. Lyssna på alla avsnitt i Sveriges Radio Play. Det är inte bara själva konsten som satt fart på fantasin hos designers. Som Piet Mondrian hos Yves Saint Laurent, Salvador Dali hos Elsa Schiaparelli eller Andy Warhol hos Gianni Versace, bland många, många andra. Inspirerat har också deras kläder och personliga stil gjort.I programmet träffar vi galleristen och vernissageveteranen Björn Wetterling. Han har arbetat med några av de största namnen i konstvärlden och har en hel del att säga om hur det står till med kläder och stil bland konstnärer. Och så pratar vi med den brittiska modejournalisten Charlie Porter som skrivit boken What Artists Wear. I den undersöker han vad vi kan lära oss om konstnärernas liv och verk om vi rotar runt i deras garderober.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review the key investing themes and takeaways from the Atlantic One Investment Summit 2025 in Mallorca, Spain that he attended last week.   We highlight a few companies presenting at the conference where their value proposition caught his attention in light of their current assets and newsflow: Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) Amex Exploration Inc. (TSXV: AMX) (OTCQX: AMXEF) Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF).*   * In full disclosure, some 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 follow Erik's analysis over at The Hedgeless Horseman  

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review the key investing themes and takeaways from the 2 TopShelf Partners conferences we attended last week:  the Commodities Global Expo 2025 in Fort Lauderdale, Florida; and then the Natural Resource Stocks Expo 2025 in Atlanta, Georgia.   Erik also highlights 11 different companies that caught his attention at the event either as portfolio positions, or new companies that he is doing more due diligence on.   This is a wide-ranging conversation that gets into gold, silver, copper, nickel, and critical minerals resource investing.   The companies discussed in the interview are: First Nordic Metals Corp. (TSX.V: FNM, OTCQB: FNMCF, Stockholm: FNMC SDB, Frankfurt: HEG0), Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP), Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G), Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8), West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQB: WRLGF), Denarius Metals Corp. (TSXV: DSLV) (OTCQX: DNRSF), Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV), U.S. Gold Corp. (Nasdaq: USAU), Zeus North America Mining Corp. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92), Fairchild Gold Corp. (TSXV: FAIR), and Cerrado Gold Inc. (TSX.V: CERT) (OTCQX: CRDOF).     * In full disclosure, some 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

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss three junior gold exploration companies that have put out recent newsflow to the market; where he is attracted to their current value proposition.   Altamira Gold Corp. (TSXV: ALTA) (OTC Pink: EQTRF) announced May 5th the results of an independently assessed, maiden mineral resource estimate for the Maria Bonita porphyry gold deposit within the Cajueiro Project. Maria Bonita is a separate discovery, located 7km to the west of, and additional to, the Cajueiro Central Mineral Resource (previously reported under NI 43-101). The maiden open-pit resource consists of total Indicated Resources of 24.19Mt @ 0.46g/t gold (for a total of 357,800oz) and Total Inferred Resources of 25.64Mt @ 0.44g/t gold (for a total of 362,400oz). These resources include near-surface saprolite Indicated Resources of 2,02Mt @ 0.59g/t gold (for a total of 38,000oz) and Inferred Resources of 0.68t @ 0.40g/t gold (for a total of 8,700oz).   Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) announced May 5th that the world renowned JDS Energy & Mining Inc. has been engaged to assess the viability, permitting and development of an underground exploration adit at Surebet, at its 100% controlled Golddigger property, Golden Triangle, British Columbia. The Company has tasked JDS with an exploration adit to access a broad expanse of the gently-dipping, high-grade gold lode called the Bonanza Zone that sits approximately 200 meters above the valley floor. This adit will enable underground drilling of extensive parts of the overall Surebet lode system thus lowering drill meters required for advanced resource work, and potentially enable a longer drill season at the project.   K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) announced May 5th that the United States Bureau of Land Management (BLM) has released the Draft Environmental Impact Statement (DEIS) for K2's Mojave Exploration Drilling Project in Inyo County, CA. The BLM has also published a Notice of Availability in the Federal Register, opening the final 45-day comment period on the project. This is a key milestone for the company as they approach the end of the permitting process to commence drilling, and comes on the back of years of diligent environmental studies, community engagement, and collaboration with regulatory agencies.   * 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.  Additionally, Shad is also a shareholder of Goliath Resources at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss opportunities he is seeing emerge in advanced gold developers as they enter the second wave higher of the Lassonde Curve.   We discuss the potential rerating opportunities present in company valuations, considering the higher underlying gold prices, improving economics of development-stage projects, and the potential for higher profit margins and quicker payback periods if these deposits can be fast-tracked into producing mines.   Erik mentions a number of nuances that he looks for or avoids as not all development-stage companies are on equal footing.   We discuss deposit size, grade, jurisdiction, what stage of economic study a project is at, strategic investments from larger producers, and the ability of management teams to either build or sell projects at a certain point in the commodities cycle.     During the course of the conversation we discuss examples of companies with compelling development-stage projects like the recent buyout of Barrick's position by John Paulson to team up with Nova Gold (NYSE American, TSX: NG) at Donlin Creek, Integra Resources (TSXV: ITR) (NYSE American: ITRG), Cabral Gold (TSXV: CBR) (OTCQX: CBGZF), Amex Exploration (TSXV: AMX) (OTCQX: AMXEF), Skeena Resources (TSX:SKE)(NYSE:SKE), and Troilus Gold (TSX: TLG) (OTCQX: CHXMF).   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss gold's standout role as a safe haven, amidst the extreme market volatility; and how all of this is translating into muted reactions in gold stocks to their improving economics and the rerating opportunities present at current valuations.   –> Key themes covered in this interview:   The gold price rose to record highs again today over $3,440, on the back of global uncertainty and a continued selloff in US general equity markets. Every market was down today expect for gold, and to a lessor extent, silver.   We note the odd market action where a number of prominent precious metals producers sold off for a big portion of the day, with their margins continuing to expand, only clawing their way higher towards the end of the trading session.   Many development projects with gold as primary or contributing input and expanding economics, were also selling off during much of Monday's trading session, with some recovering in the final hour of trading.   The importance of market psychology and investor sentiment trends into price moves; noting that some investors may not believe this move higher in metals prices is going to stick or have become too fearful to take actions. Other investors may be concerned by the selling in other markets, and thus they have been pulling profits on one of the few sectors in the green this year.   A nuanced look at why we aren't seeing a much bigger increase in merger and acquisition deals across the spectrum of gold companies. We do note the takeover deal announced today though, where Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) is being acquired by CMOC Singapore Pte. Ltd.   Reflections on how profitable even the Tier 2 and Tier 3 gold mines are at present, and the amount of M&A that has focused around Tier 2 and Teir 3 gold projects the last few years. Despite the retail obsession with discussing Tier 1 deposits, at the exclusion of everything else, there really are very few assets of this size and scale. There are plenty of opportunities available to investors further down the spectrum of projects that may still have large valuation disconnects.   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss the opportunities he is seeing for portfolio rebalancing or “value shuffling,” due to the extreme market volatility and pricing dislocations in many resource equities.  This volatility is caused from across-the-board sympathetic selling in most market sectors on back of reactions to the Trump tariff policies.   --> Key themes covered in this interview:   Precious Metals prices are still at very high levels, and yet many gold and silver equities have had disproportionate selloffs in sympathy with US general equity markets.   Comparisons to this recent rapid correction in the gold stocks, versus other strong corrections; like what we saw during the pandemic crash or bear-market market lows of late 2015 into early 2016. Erik notes the much different backdrop in the fundamental value of the producers and developers based on current gold price in contrast to those other market crashes.     What are the actual effects of tariffs on US domestic resource companies, versus companies operating internationally; as it relates to cost inputs like oil, labor, chemicals, steel, and capex to build new mines.   Why volatility is the bread and better of value investors.  Erik mentions that volatility creates the opportunities for value shuffling in one's portfolio and is the “poor man's dry powder.”   What are the type of precious metals stocks that Erik is most interested in rotating into, considering the current backdrop of blanket selling across the whole sector.   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss the attractive value proposition he sees in 3 different gold – copper – critical minerals junior resource stocks. These companies have all released important exploration news over the last week, which sets up future news releases to build upon their current work programs.   Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF) announced on March 25th that AngloGold Ashanti Australia Limited (NYSE: AU / JSE: ANG) has completed Phase I of the Exploration Earn-in Agreement announced on June 14, 2023 by investing AUD$10,000,000 in the Company's portfolio of copper-gold projects in New South Wales, Australia.  AngloGold Ashanti has designated a total of four copper-gold, Duck Creek, Trangie, Crooked Creek and Nynganto, proceed to Phase II of the Earn-In Agreement.   Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) announced on March 31st a batch of assay results from the producing McCreedy West Mine and the adjacent Levack Mine. Drilling at McCreedy West was focused on the 700 Footwall Cu-PGE zone resource expansion and definition in support of mid-term production planning, and targeted areas near historical mining. Drilling at Levack was targeting the near surface Keel Footwall Cu zone.   District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) announced on March 26th drill assay results for five drill holes (GRAGR-151 to -155) completed during the Fall 2024 drill program at the base metal polymetallic Stollberg Property located in the Bergslagen Mining District in south-central Sweden.   * 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.  Additionally, Shad holds a position in Magna Mining at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman  

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to dig into the implications and potential benefits to the US as a mining jurisdiction on the back of the new executive order from Trump issued on March 20th; titled “Immediate Measures to Increase American Mineral Production.”    This executive order https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-mineral-production/ will utilize the Defense Production Act (DPA) to focus on sourcing more domestically mined, processed, or refined critical minerals and strategic mineral as a matter of national security.  There appears to be a joint effort between the U.S. International Development Finance Corporation and the Department of Defense to provide investment support, loans, and possibly grant for mining projects.  There is also an expedited priority on reviewing the permitting on projects seeking development from usual suspect metals like nickel and rare earths but also including gold, uranium, and aluminum.   Erik reviews a number of companies that have his attention in the US that may benefit including juniors like Integra Resources(TSXV: ITR) (NYSE American: ITRG), Stillwater Critical Minerals(TSX.V:PGE)(OTCQB:PGEZF), BCM Resources Corp (TSXV: B), and K2 Gold (TSX-V: KTO) (OTCQB: KTGDF).  We also note the potential impact on long-stalled mega projects like Northern Dynasty's Pebble, Trilogy's Rambler road access to the Upper Kobuk mineral project, or Rio Tinto's Resolution Mine in Arizona.   We also discuss whether US projects will now get a premium, due to removing permitting bottlenecks or possibly providing government money to assist in the development of mineral projects.    *In full disclosure, many of the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and they 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

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to recap his key takeaways from the Prospectors and Developers Association of Canada (PDAC) conference in Toronto earlier this month.   He shares how he approaches getting the most out of conferences, and what kinds of questions he can ask management teams when he is in his one on one meetings. Additionally, Erik shares with us his observations on how hot trending stocks with recent newsflow got repeatedly discussed in conversations, have the more crowded booths, and saw shareprice action around the conference. Conversely, he points out how other companies with legacy projects and less regular newsflow remain not so hot, where sometimes their prior quality work has been forgotten about, and they had less of a buzz. This ties into a broader discussion on investor sentiment and herd behavior within the resource sector, the power of the network effect, and the separation of quality companies from more speculative ones as this bull market continues to pick up speed.   Click here to visit Erik's site – The Hedgeless Horseman

“If you just appreciate what this sector does once momentum gets started. Look at any historic junior chart, once momentum starts it just feeds on itself. What is weird is that it has not really happened; not even gold to three thousand [dollars] has been able to do that. I also think it points to how irrational this sector is. And it is all about momentum,” says private investor Erik Wetterling in this MSE episode. Erik, furthermore, shares his current views on the junior mining sector and how he is managing his portfolio. 0:00 Introduction 0:55 Junior mining value opportunities 5:53 When will gold stocks respond? 14:18 Fort Knox gold audit 18:42 Speculation in non-gold metals 21:54 Separating signal from noise 27:06 PDAC expectations 31:44 Networking necessity 34:21 Stock picks 39:17 Why retail loses money Erik's website: https://www.thehedgelesshorseman.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. If you buy stock in a company featured on MSE, for your own protection, you should assume that it is MSE's owner personally selling you that stock. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss the attractive value proposition that he sees in 2 different junior gold and silver explorers that have some recent news out; which sets up future news releases to build upon their current work programs.   First up, we discuss West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF), and how it came out of the business combination of 2 prior junior exploration companies.  The company has multiple projects in Nevada like the Tip Top, Jefferson Canyon, and Jefferson North projects, but the focus of the recent exploration work is at their Gold Chain Project in Arizona, nearby the producing Moss Mine.  The company recently released infill sampling on drill holes GC24-30, GC24-31 and GC24-32 demonstrating that mineralization at the Tyro Main Zone is wider and more continuous than previously thought.   Silver47 Exploration Corp. (TSXV: AGA) owns three silver and critical metals (polymetallic) exploration projects in Canada ‎and the US: the Flagship Red Mountain silver-gold-zinc-copper-lead VMS-SEDEX project in ‎southcentral Alaska; the Adams Plateau silver-zinc-copper-gold-lead SEDEX-VMS project in ‎southern British Columbia, and the Michelle silver-lead-zinc-gallium-antimony MVT-SEDEX ‎Project in Yukon Territory.‎  Erik highlights the potential for both optionality to rising metals prices and their ability to do some meaningful exploration with the capital already raised for this year's program.   * 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

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss the attractive value proposition he sees in various small gold producers and developers, and why they are more undervalued than even the silver stocks.  He outlines that with the undervalued small gold producers, that eventually the very good profit margins will force the market's hand to look at their financial strength, but then also consider the other upside in their development projects; noting Integra Resources Corp. (TSXV: ITR) (NYSE American: ITRG) as a prime example of this market disconnect.    We then review the nuances around how he is seeing the current valuations and potential reratings around the beta optionality companies that are sitting with large single-asset development projects.  Erik points out that he prefers those developers that still have some potential for alpha catalysts from expansion work programs and newsflow for value creation in addition to the optionality of their defined ounces in the ground.   * 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.  Additionally, Shad holds a position in Integra Resources at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss the attractive value proposition he sees in 3 different gold – copper junior explorers. These companies have all released important news as catalysts over their last 2 weeks, which sets up future news releases to build upon their current work programs.   Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) report today exceptional gold intercepts of 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 meters, including 19.91 g/t AuEq (19.62 g/t Au and 25.61 g/t Ag) over 6.00 meters plus a second separate interval assaying 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters, including 14.26 g/t AuEq (13.87 g/t Au and 34.10 g/t Ag) over 3.00 both from a high-grade gold intrusive feeder dyke that remains open at Surebet on its 100% controlled Golddigger Property in the Golden Triangle, B.C.   Hannan Metals Ltd (TSXV:HAN)(OTC PINK:HANNF) report a significant gold mineralization at its 100%-owned Previsto project in Peru. Channel sampling has revealed high-grade alkalic-type epithermal gold mineralization with 69.1 m at 2.4 g/t gold ("Au") including 26.0 m at 5.4 g/t Au. The finding, which remains open in all directions, is situated within a larger 6 km x 6 km epithermal-porphyry cluster, further indicating the potential for a major new mineral district.   Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF) is pleased to provide an update on drilling completed in late 2024 on the Trangie and Duck Creek projects in New South Wales, Australia conducted under a joint-venture Exploration Agreement with AngloGold Ashanti Australia Limited.   * 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.  Additionally, Shad holds a position in Goliath Resources at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss two new junior gold and silver producers with additional solid development projects and exploration upside in their portfolio of projects.  Both of these companies have released important operation updates as news catalysts in early 2025, and he is attracted to their current value proposition.   We start off discussing the news out on January 22nd from Integra Resources Corp. (TSXV: ITR) (NYSE American: ITRG) which announced their record fourth quarter and full year 2024 production results from the Florida Canyon Mine, located in Nevada. There was record gold production of 72,229 ounces from Florida Canyon in 2024, marking the highest total production from the mine in 21 years. This represents a significant milestone for Integra as it marks the inaugural reported production for the Company. Integra ended the year with approximately $52 million in cash, to invest further into the exploration, development, and further derisking of their DeLamar and Nevada North Projects.   Next we pivot over to news released on January 9, 2025 from Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF), which announced they had achieved full commercial production on January 1st, 20205 at their 100% owned Guitarra Mine Complex located in Estado de Mexico, Mexico. The processing plant, underground mine, and all aspects of the operation have now been running at the current capacity of 500 wet metric tonnes per day for the past 90 days. Monthly gold and silver concentrate shipments, concentrate inventories, freshly mined material stockpiles and revenues generated from sales; have all increased on a material basis.  This sets the Company up for organic growth and exploration funded through production revenues as this year unfolds.   * 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.  Additionally, Shad holds a position in both Integra Resources and Sierra Madre Gold and Silver at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman

Chad opens the hour speaking with the incredible Patty Wetterling before some talk about the ceasefire agreement between Israel and Hamas and a fun discussion about underrated TV shows.

Patty Wetterling joins Chad to share her message of immense despair after the loss of Jacob, hope, and the kindness and love she's shared with some many.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss three junior gold resource companies that have released important news catalysts in early 2025, where he is attracted to their current value proposition.   We start off discussing the high-grade gold intercept over a wide width that Goliath Resources Ltd (TSX-V: GOT) (OTCQB: GOTRF) released to the market this morning.  In drill hole# GD-24-260 it intercepted the highest concentration of visible gold and the best high-grade gold drill hole to date at the Surebet Discovery down in the Bonanza Zone, returning 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters, and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters.   Next we pivot over to news released on January 9, 2025 from Amex Exploration Inc. (TSXV: AMX) (OTCQX: AMXEF) that recent drilling has continued to expand the footprint of multiple zones at its flagship Perron Project, located in northwestern Abitibi, Quebec. New exploration results were released from the Denise Zone, E2 Zone, Grey Cat Zone, Gratien Zone, and JT Zone. These high-grade intercepts, have all shown metal factors significantly above this PEA threshold, and the management team released statements indicating that these intercepts will contribute additional ounces to the mine plan.   Wrapping up we got Erik's thoughts on why he is animated by the longer-term value proposition at Osisko Development Corp. (NYSE: ODV, TSXV: ODV) where on Jan. 09, 2025 they announced the appointment of David Rouleau as Vice President, Project Development. This appointment aligns with the Company's strategic focus on building an operations-driven team to advance its flagship 100%-owned Cariboo Gold Project located in central British Columbia, Canada.  Erik expands on the potential to go from their Phase 1 to Phase 2 development plans over the next few years, increasing throughput and ounces produced once a construction decision is made, and that he sees the project to be of significant size in a tier 1 jurisdiction to rerate higher over time.   * 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.  Additionally, Shad holds a position in both Goliath Resources and Amex Exploration at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss three junior resource companies with assets in Sweden that have important news catalysts in 2025, where he is attracted to their current value proposition.   We start off discussing the large research article that Erik wrote and released to his subscribers last week on First Nordic Metals Corp. (TSXV: FNM) (OTCQB: FNMCF).   We get into the underpinning of value at the 3 million ounce Barsele deposit in a JV with Agnico Eagle, and then all the potential upside for this year's coming exploration program at their 100% owned Paubäcken, Storjuktan, and Klippen Projects.  Another upcoming catalyst will be the listing of First Nordic Metals on the Swedish stock exchange in 2025.   Next we pivot over to a recent news out on the lifting of the uranium moratorium by the government of Sweden, and how that portends to opportunity for both District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) and for the recently announced spinout of the Swedish hard rock uranium assets from Mawson Gold Limited (TSX.V:MAW) (OTC PINK:MWSNF).  In addition to the potential value drivers of the uranium assets held by both companies, there is also the similar catalyst of getting listed on the Swedish stock exchange to bring in more in-country investors.   * 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.  Additionally, Shad holds a position in First Nordic Metals at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman   Click here to read Erik's First Nordic Metals research article

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss three junior gold companies with recent news out to the market; where he is attracted to the current value proposition.   We start off discussing the exploration upside, prospective project, and recent drill results from Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF),where drill hole GD-24-249 intercepted the Bonanza Zone returning 226.12 g/t or 7.3 oz/t AuEq near surface between 76.60 – 77.60 meters within a larger interval consisting of 45.60 g/t AuEq or 1.5 oz/t AuEq over 5.95 meters.   Next we pivot over to a recent M&A deal in the junior space, with Borealis Mining Company Limited (TSXV: BOGO) is acquiring Gold Bull Resources Corp. (TSXV: GBRC) to consider fast-tracking the development of their Sandman Project in Nevada.   Wrapping up we take a closer look at the potential for value creation from a recent targeting initiative from Altamira Gold Corp. (TSXV: ALTA) (OTC Pink: EQTRF), as part of the ongoing exploration program within the Cajueiro district which is targeting porphyry-related gold mineralization.   * 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.  Additionally, Shad holds a position in Goliath Resources at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss some of the larger recent merger and acquisition deals in the higher quality projects in tier one jurisdictions, and the value arbitrage that is setting up in the high-quality gold development projects of size and scale that are still held by juniors.   We start off also noting the recent $5Billion takeover of De Grey Mining (ASX:DEG) by Aussie major gold producer Northern Star Resources (ASX:NST), for their Hemi gold project in Western Australia. We also recounted the last few divestments by Newmont Corp (NYSE: NEM) (TSX: NGT) where Dhilmar is acquiring the Éléonore operation in Northern Quebec, Canada for $795million, and there was also the $850 million sale from Newmont of the Musselwhite mining operation to Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA).   This leads to a discussion of the big disconnect in the value of gold development projects with significant gold resources and compelling economic studies in place, that are trading at a mere fraction of where these most advanced assets are at the time of their sale.  It is a nuanced discussion, where we review that not all ounces in the ground should be valued the same, and we get into the quality of the project, the proximity to other major operations, the jurisdiction premiums and discounts, and whether or not the project has already attracted strategic investors in the form of larger producers.   In full disclosure, Integra Resources mentioned by Erik in this interview, is a position held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording. Additionally, Shad is a shareholder of Integra Resources at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman

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

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss three junior gold, silver, and zinc companies with recent news out to the market; where he is attracted to the current value proposition.   We start off discussing the exploration upside, prospective project, and recent drill results, at Silver47 Exploration Corp. (TSXV: AGA). Highlights from hole DC24-106 include 2.48 meters of 61.44% ZnEq or 2,938.5 g/t AgEq (14.95 g/t gold 249.50 g/t silver, 21.97% zinc, 7.03% lead, 0.42% copper).  While this was near known mineralization it is an impressive high-grade hit, and Erik is interested in seeing more follow-up drilling.   Next we reviewed Callinex Mines (TSXV: CNX) (OTCQX: CLLXF) ongoing fully funded 2024 exploration campaign at the 100% owned Pine Bay Project located within the Flin Flon Mining District of Manitoba.  This project is near infrastructure and the nearby Hudbay 777 mine and processing center that is currently sitting idle, and where this project may be a potential source of mill feed if an economic deposit can be delineated.   We wrap up discussing the news out last week on November 12th, i-80 Gold Corp (TSX: IAU) (NYSE American: IAUX) where in the process of reporting its operating and financial results, the Company announced it envisages a two-step recapitalization process which will include demonstrating a viable path to generating free cash flow, and rescheduling and/or refinancing the existing debt obligations. The company also declared that it is no longer proceeding with the Ruby Hill Base Metal Joint Venture, and considering the potential value of the existing gold resources in a rising gold price environment and taking into account the limited understanding of the base metal potential, it has elected to prioritize more advanced staged gold and silver projects with established resources and technical studies.    (IAU.TO) sold off from $1.32 down to $0.47 on this news on November 13th,  but has started to bounce back some this week.  We question whether the big miss in production guidance, the Base Metals JV being called off, the dilutive C$115million raised in May at much higher prices, and now this company restructuring are all too many red flags to recover.  Conversely we are curious to see how the new CEO Richard Young, famous for selling Teranga to Endeavor Mining, and recently Argonaut to Alamos Gold, is preparing to right-size and restructure the company, and if there is the potential their board may decide to sell of part or all of the company to a larger producer, where this could be a compelling opportunity to be positioning in the company.   * 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.  Additionally, Shad holds a position in I-80 Gold at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss three junior resource companies with recent news out to the market; where he is attracted to the current value proposition.   We discussed how the capital markets window has been open for copper-nickel-PGM explorer, developer and near-term producer Magna Mining (TSX.V: NICU) (OTCQB: MGMNF), and gold explorer First Nordic Metals (TSX.V: FNM) (OTCQB: FNMCF).  On November 4th, Magna Mining was able to just raise $21.85 Million in a private placement, and First Nordic announced Oct 30th a bought deal private placement of C$10 Million.   We outline how those funds will likely be utilized to advance their respective projects and the catalysts each company has in front of them.    We wrap up discussing the news out on November 8th, with regards to the Integra Resources  (TSXV: ITR) (NYSE American: ITRG) business merger with Florida Canyon Gold Inc. (TSXV: FCGV), and the trend of junior developers buying producing assets to move their pipeline of projects forward without the need to repeatedly go back to market for capital raises.    * 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

Special Guest: Sandy  This week Sandy and Lauren discuss the disappearance and the murder of Jacob WetterlingWeek 2: Most Wanted's Missing Children's SeriesSources:Jacob, Megan, and Pam: Federal Sex Offender Registration Legislation by David M. HegerAtlanta Journal-Constitution: Jacob Wetterling's killer gives-chilling details of abducted 11-year-old's final moment alive by Crystal BonvillianDanny Heinrich: “Long known to investigators looking into the Wetterling abduction, he originally denied connection to the case but now admits that he murdered Jacob and pointed authorities to his remains “by Madeleine Baran and Jennifer Vogel MPR News: "The Jacob Wetterling abduction" by Kirsti Marohn APM Reports: “The Jacob Wetterling Investigation TIMELINE OF EVENTS”WikipediaSupport us!Blue Grit Podcast: The Voice of Texas Law EnforcementHost: Clint McNear and Tyler Owen discussing topics, issues, and stories within the...Listen on: Apple Podcasts SpotifyDrink Moment | Moment Botanical WaterDrink your meditation. Use code MOSTWANTEDAMANDA at checkout!Kind CottonConsciously-sourced, inclusive, impactful, kind clothes. Use code AMOSTWANTEDPOD at checkout!Devon + LangLife changing underwear. Use code MOSTWANTEDAMANDA at checkout!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review his key takeaways from the Commodities Global Expo in Fort Lauderdale, Florida last week, and 4 resource stocks that had his attention from the conference.    We start off discussing the sentiment at the event, the types of investors and insights shared with fellow attendees, the multiple commodity focus, and the types of companies that caught his attention at the conference. Then Erik shares the value proposition on four of the specific companies he met with:  Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF), Denarius Metals Corp. (Cboe CA: DSLV) (OTCQX: DNRSF), Sonoro Gold Corp. (TSXV: SGO) (OTCQB: SMOFF), Amex Exploration (TSXV : AMX) (OTCQX : AMXEF).   * 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

Today is Wednesday, Sept. 11, 2024. The Brainerd Dispatch Minute is a product of Forum Communications Co. and is brought to you by reporters at the Brainerd Dispatch. Find more news throughout the day at BrainerdDispatch.com.

Whether you're looking to diversify your portfolio or maximize returns in the gold market, this interview provides valuable insights that will help you make informed investment decisions. In this interview, The Hedgeless Horseman Editor Erik Wetterling and Feneck Consulting Group President John Feneck share their expert insights on evaluating gold exploration companies. Learn how to spot undervalued assets, understand the impact of gold at $2300, and discover potential multibagger opportunities in the mining sector. The seasoned analysts break down their analysis techniques, reveal their top stock picks, and offer expert advice for both novice and experienced investors.Tune in to discover potentially lucrative opportunities in the gold mining space.Learn more about Feneck Consulting: https://www.feneckconsulting.com/Visit The Hedgeless Horseman: https://www.thehedgelesshorseman.com/Watch the full YouTube interview here: https://youtu.be/BoAOHeJOTOMAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

“This sector [junior mining] when you think about it is fascinatingly dumb in a sense and so fascinatingly predictable. Because like Pierre Lassonde says it is the easiest sector in the world. His simple reasoning is that it always crashes and then always rallies. We've had the crash. What is the next step? We know what the next step is. The question is if we are going to be there for it. The next big move in the junior space is obviously up. I know a lot of people are worrying about the crash. But the crash has already happened,” says private investor Erik Wetterling in this MSE episode. Erik, furthermore, shares his current views on the junior mining sector and how he is managing his portfolio. 0:00 Introduction 1:06 Deploying money into the sector 5:20 Strategy for picking the right company 10:34 Choosing where you are on the spectrum of risk 16:21 Valuing exploration companies 21:25 Big targets = Big jurisdictional risk? 29:06 Portfolio Allocation 35:29 Introspection and how it's applied to the market 46:45 Biggest lessons learned 57:18 Magna Mining 59:44 First Nordic Metals Erik's website: https://www.thehedgelesshorseman.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

The countdown to Christmas officially begins today with the calendar flipping to December, and what better way to celebrate than with a jam packed show!In the first hour, KSTP's Chris Egert hears a story about a British man who was addicted to sleeping with dead bodies, and informs about an update in the Middle East along with more info on the local house explosion that happened yesterday. Plus the crew gets at each other's throats over fruit preferences.Hour #2 has Bob Sansevere who talks about the Timberwolves' successful run so far, the Gophers losing some notable players to the transfer portal, the Wild's turnaround under their new coach, and what the Vikings should do at QB after their bye week. Actor Bernie Kopell joins the show to talk about his new work "Our (Almost Completely True) Love Story" which releases December 8th on Amazon Instant, Apple TV, Vimeo, Google Play, Vudu, and Hoopla. Also, longtime friend of the show Brad Blanks stops by to talk about the time he shocked Adam Sandler and Jennifer Aniston with his size, and his run in with Julia Roberts' body guard.In hour #3 Tim Lammers and Kristyn Burtt are united by a common goal: get people back into theaters. Step one is to solve the cell phone issue. Of course, every solution costs money and relies largely on the honor system. And if these people had honor to begin with, they wouldn't be ruining your movie experience in the first place. What a paradox.On the Family, prepare to get serious. No, not because Josh Arnold is in and money is serious business. Today we also have Patty Wetterling, mother of Jacob Wetterling, in studio. She and Joy Baker have written a book, Dear Jacob, which you could describe as "heavy".Stream the show LIVE on the Tom Barnard Show app M-F from 8-12PM or get the show on-demand on Apple Podcasts, Spotify or wherever you get your podcasts! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The countdown to Christmas officially begins today with the calendar flipping to December, and what better way to celebrate than with a jam packed show! In the first hour, KSTP's Chris Egert hears a story about a British man who was addicted to sleeping with dead bodies, and informs about an update in the Middle East along with more info on the local house explosion that happened yesterday. Plus the crew gets at each other's throats over fruit preferences. Hour #2 has Bob Sansevere who talks about the Timberwolves' successful run so far, the Gophers losing some notable players to the transfer portal, the Wild's turnaround under their new coach, and what the Vikings should do at QB after their bye week. Actor Bernie Kopell joins the show to talk about his new work "Our (Almost Completely True) Love Story" which releases December 8th on Amazon Instant, Apple TV, Vimeo, Google Play, Vudu, and Hoopla. Also, longtime friend of the show Brad Blanks stops by to talk about the time he shocked Adam Sandler and Jennifer Aniston with his size, and his run in with Julia Roberts' body guard. In hour #3 Tim Lammers and Kristyn Burtt are united by a common goal: get people back into theaters. Step one is to solve the cell phone issue. Of course, every solution costs money and relies largely on the honor system. And if these people had honor to begin with, they wouldn't be ruining your movie experience in the first place. What a paradox. On the Family, prepare to get serious. No, not because Josh Arnold is in and money is serious business. Today we also have Patty Wetterling, mother of Jacob Wetterling, in studio. She and Joy Baker have written a book, Dear Jacob, which you could describe as "heavy". Stream the show LIVE on the Tom Barnard Show app M-F from 8-12PM or get the show on-demand on Apple Podcasts, Spotify or wherever you get your podcasts! Learn more about your ad choices. Visit megaphone.fm/adchoices