Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss the stage of mining stocks on the Lassonde curve that he is most attracted to; which are post-discovery exploration growth stories. While investing in junior mining stocks, he is keen on managing risks using diversification, but also focusing on stories with known discoveries or high probabilities of discoveries due to favorable factors. Erik points out that compared to riskier pre-discovery grass roots drill plays, or larger mature development stage optionality companies, that he is stacking the odds in his favor with highly probable post-discovery growth stories. Some of the stocks discussed that Erik feels meet this criteria are Snowline Gold (SGD), Timberline Gold (TBR) and Goliath Resources.
Other stocks that were discussed during the course of the interview were Gold Standard Ventures (GSV), International Tower Hill Mines (ITH), and Great Bear Resources (GBR). *
*Shad has an active position in Gold Standard Ventures, and had a position in Great Bear Resources prior to the takeover by Kinross.
CLICK HERE to access the interview.