Erik Wetterling – As More Junior Companies Are Acquired By Larger Producers – Which Companies Could Be Next?
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss the continued wave of merger and acquisition transactions we’ve seen during the lower sentiment period in the gold stocks, and which companies could be next. We review a number of transactions where the larger producers are taking over the advanced explorers and developers with defined ounces in the ground as well as the smaller producers with exploration upside. Additionally, we are getting messaging from high net worth activist investors and senior miners taking strategic stakes in the junior precious metals explorers, that now is the time be positioning in quality projects for future development.
Erik highlights 2 junior gold explorers that he feels are starting to define the ounces and build out the kind of district scale mineralized trends that could attract some of the larger producers to potentially acquire these projects down the road. He lays out the value proposition he sees developing in both First Nordic Metals (TSXV: FNM) (OTCQB: FNMCF) and Red Pine Exploration (TSXV: RPX, OTCQB: RDEXF). *
*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.
