Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss the attractive value proposition he sees in various small gold producers and developers, and why they are more undervalued than even the silver stocks.  He outlines that with the undervalued small gold producers, that eventually the very good profit margins will force the market’s hand to look at their financial strength, but then also consider the other upside in their development projects; noting Integra Resources Corp. (TSXV: ITR) (NYSE American: ITRG) as a prime example of this market disconnect. 

We then review the nuances around how he is seeing the current valuations and potential reratings around the beta optionality companies that are sitting with large single-asset development projects.  Erik points out that he prefers those developers that still have some potential for alpha catalysts from expansion work programs and newsflow for value creation in addition to the optionality of their defined ounces in the ground.

* 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.  Additionally, Shad holds a position in Integra Resources at the time of this recording.

Click here to visit Erik’s site – The Hedgeless Horseman