Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review some of the value investing lessons that can be learned from the recent trading volatility around Hercules Silver (BIG.V) (BADEF) over the last few months. This has been an excellent case study in extreme the sentiment shifts in explorers can be from pre-discovery, to post-discovery, to pre-assay risk, to post-assay news. We discuss how early-stage this drilling is, and that nobody really knows how things will evolve as the balance of the drilling from the $25 million raised is deployed into future exploration work.
*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.
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