Erik Wetterling – Beaver Creek Takeaways, And The Valuation Disconnect In Junior Resource Stocks After The Recent Sector Correction

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review his key takeaways from the Precious Metals Summit in Beaver Creek.  The conversation then moves into how he is evaluating opportunities in lieu of the recent correction in gold, silver, and copper juniors.  We also review a site visit that he just came back from with a copper explorer operating in British Columbia.

 

We start off discussing the mining conference dynamics as attendees, but then dial into what Erik was looking for in the meetings he took.  This touches upon reflections on investor sentiment, the deluge of sector newsflow, company valuations, and portfolio management.  

 

He points out that often times the news released by junior companies over the last few weeks was actually positive, and further derisked or advanced their projects, and yet only got a muted response with the bearish sector backdrop during the month of September.  This macro backdrop pressuring a sector-wide correction was there at the same time as many company key press releases hit; which had retail investors making an erroneous correlation that given news was not positive. 

 

This is one of the setups and sector disconnects that Erik looks forward to exploiting in his own portfolio.  He is looking for improving value propositions in exploration stocks, that have put out compelling news in the recent past, which sets up future news releases, and thus they have key alpha growth catalysts on tap in the medium-term.

 

We wrapped up getting Erik’s reflections from a recent site visit he just returned from with the team at Red Canyon Resources Ltd. (CSE: REDC | OTCQB: REDRF | Frankfurt: I91) in British Columbia, Canada.  The Company’s core goal is to make impactful copper discoveries and has a portfolio of 100%-owned copper and copper-gold porphyry exploration projects.

 

• The 100%-owned Kendal copper project in west-central British Columbia is a priority project for the Company. The 2026 exploration program including an independent vectoring study and expanded geochemical surveys have been completed.  A 3DIP geophysical survey is currently in progress.

 

• Recent work on Company’s 100%-owned Osiris project in central British Columbia has outlined new high-priority areas at Nautilus and EV (see news releases September 14, 2026, and August 14, 2026). Fall exploration work is ongoing including, planned initial diamond drilling at the EV and Nautilus targets.

 

 

Click here to follow Erik’s analysis over at The Hedgeless Horseman website

 

 

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