Erik Wetterling, Founder and Editor of The Hedgeless Horseman, joins us to share his thoughts on current backdrop in junior gold exploration stocks. With the pullback in many companies throughout 2021, he sees a “Patience Arbitrage” available for resource investors that hold for more assays to be reported and better sentiment to return in the sector.
We start off discussing how some companies, like (ESK.V) Eskay Mining, have outperformed most of the pack and how he has benefited by not trading and letting his winners run. We wrap up with the contrasting situation in other gold exploration stocks that have continued to sell down for a few different reasons, but that Erik is still constructive on like (CBR.V) Cabral Gold, (DMX.V) District Metals, and (KFR.V) Kingfisher Metals.