Erik Wetterling – PDAC Recap – Which Stocks Were Hot And Which Ones Were Not
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to recap his key takeaways from the Prospectors and Developers Association of Canada (PDAC) conference in Toronto earlier this month.
He shares how he approaches getting the most out of conferences, and what kinds of questions he can ask management teams when he is in his one on one meetings. Additionally, Erik shares with us his observations on how hot trending stocks with recent newsflow got repeatedly discussed in conversations, have the more crowded booths, and saw shareprice action around the conference. Conversely, he points out how other companies with legacy projects and less regular newsflow remain not so hot, where sometimes their prior quality work has been forgotten about, and they had less of a buzz. This ties into a broader discussion on investor sentiment and herd behavior within the resource sector, the power of the network effect, and the separation of quality companies from more speculative ones as this bull market continues to pick up speed.
