Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to continue our discussion from last week on why he is getting more bullish on the copper supply/demand fundamentals and has been positioning in more junior stocks with exposure to the red metal. In addition, we get Erik’s thoughts on how junior exploration companies with exposure to uranium in Sweden will fare in a best-case and worst-case scenario, based on the anticipated news update tomorrow.
Erik highlights 5 junior exploration stocks that he has positioned in that have varying degrees of copper exposure and outlines the value proposition that higher copper prices and a need for more supply could have on their projects: Magna Mining (TSXV: NICU) (OTCQB: MGMNF), Stillwater Critical Minerals (TSX.V:PGE)(OTCQB:PGEZF), Gladiator Metals (TSXV: GLAD) (OTCQB: GDTRF) , Inflection Resources (CSE: AUCU) (OTCQB: AUCUF), and Brixton Metals (TSX-V: BBB, OTCQB: BBBXF).*
As far as the new coming out of Sweden, with regards to potentially lifting the uranium mining moratorium, Erik unpacks how it is very germane to the valuations in both District Metals (TSXV: DMX) (OTCQB: DMXCF) and Mawson Gold (TSXV:MAW) (OTC PINK:MWSNF), but that these companies still have exposure to other projects and other commodities that will be backstopping some of their valuations.*
*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.
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