The Hedgeless Horseman

The Hedgeless Horseman

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Independent mining and exploration investing analysis, interviews, and essays.

Crescat Capital Market Update March 13, 2026 | Goliath Resources
NewsMar 15, 2026

Crescat Capital Market Update March 13, 2026 | Goliath Resources

Crescat Capital’s March 13 market update highlighted substantial progress at Goliath Resources’ Golddigger Project. Quinton Hennigh reported that the mineralized system has expanded dramatically compared with last year’s drilling. Recent core work has further enlarged the Surebet discovery, adding significant...

By The Hedgeless Horseman
Carlyle’s Currie Warns Against Oil and Gas Hoarding
NewsMar 13, 2026

Carlyle’s Currie Warns Against Oil and Gas Hoarding

Jeff Currie, chief strategy officer at Carlyle Energy Pathways, told Bloomberg Surveillance that the ongoing Iran war is already disrupting the global oil and gas supply chain. He warned that the damage could take months to unwind and cautioned market...

By The Hedgeless Horseman
Gundlach Unlocked: Positioning for Inflation and a Weaker Dollar
NewsMar 13, 2026

Gundlach Unlocked: Positioning for Inflation and a Weaker Dollar

In the debut episode of Gundlach Unlocked, DoubleLine founder Jeffrey Gundlach warned that inflation is likely to stay above the Federal Reserve’s 2 percent target and that long‑term rates have stalled despite recent cuts. He also sees the U.S. dollar entering a...

By The Hedgeless Horseman
Rick Rule: Oil Shocks, Mining Costs, and Lessons From the ’73 Arab Embargo
NewsMar 13, 2026

Rick Rule: Oil Shocks, Mining Costs, and Lessons From the ’73 Arab Embargo

Rick Rule warns that renewed oil price volatility is inflating mining operating costs and reshaping the sector’s risk profile. He draws parallels to the 1973 Arab Oil Embargo, noting how energy shocks can trigger profound real‑asset cycles. The interview also...

By The Hedgeless Horseman
Amex Awards Two Key Mandates for the Development of Its Perron Project
NewsMar 13, 2026

Amex Awards Two Key Mandates for the Development of Its Perron Project

Amex Exploration announced the purchase of a water‑treatment plant from ASDR and the appointment of Norda Stelo to conduct a Phase 1 Environmental Impact Assessment for its Perron Project. The treatment plant will support the upcoming bulk‑sample program and be reused...

By The Hedgeless Horseman
Amex Exploration (TSXV:AMX) – High-Grade Quebec Gold Project Targets Q3 2027 Production.
NewsMar 12, 2026

Amex Exploration (TSXV:AMX) – High-Grade Quebec Gold Project Targets Q3 2027 Production.

Amex Exploration announced that its high‑grade Quebec gold project is on schedule to commence production in the third quarter of 2027. The development targets an initial output of roughly 120,000 ounces of gold per year, backed by measured and indicated...

By The Hedgeless Horseman
Critical Minerals in the US: What’s Happening at Stillwater?
NewsMar 12, 2026

Critical Minerals in the US: What’s Happening at Stillwater?

At the PDAC 2026 conference, Stillwater Critical Minerals CEO Michael Rowley outlined a series of initiatives aimed at scaling the company’s flagship Montana project. Glencore reaffirmed its investment, backing a new three‑rig drilling campaign designed to expand the resource base...

By The Hedgeless Horseman
Excelsior: Opportunities In Growth-Oriented Silver Producers – Part 16
NewsMar 11, 2026

Excelsior: Opportunities In Growth-Oriented Silver Producers – Part 16

Excelsior’s latest newsletter spotlights growth‑oriented silver producers amid a surge in silver prices, which have hovered between the low $70s and low $90s per ounce. The metal is now trading at the highest average quarterly price ever recorded, driving heightened...

By The Hedgeless Horseman
Juggernaut Exploration Announces Bought Deal Private Placement Structured Flow-Through Financing for Gross Proceeds of C$10M
NewsMar 10, 2026

Juggernaut Exploration Announces Bought Deal Private Placement Structured Flow-Through Financing for Gross Proceeds of C$10M

Juggernaut Exploration Ltd. announced a bought‑deal private placement of 3,906,250 units at C$2.56 per unit, generating C$10 million in gross proceeds. Each unit comprises one common share and half of a share purchase warrant, both structured as flow‑through securities under the...

By The Hedgeless Horseman
Epithermal Gold-Silver and Porphyry Copper-Gold Potential Confirmed by Geophysical Survey Results at Swan Lake
NewsMar 10, 2026

Epithermal Gold-Silver and Porphyry Copper-Gold Potential Confirmed by Geophysical Survey Results at Swan Lake

Arctic Minerals announced that its late‑2025 induced‑polarisation (IP) geophysical survey at the Swan Lake project confirmed a strong positive IP anomaly coincident with a magnetic low, interpreted as the upper portion of a porphyry‑epithermal system. The anomaly sits within a...

By The Hedgeless Horseman
District Executes Contract for Airborne MobileMT Survey on Alum Shale Properties in Sweden
NewsMar 10, 2026

District Executes Contract for Airborne MobileMT Survey on Alum Shale Properties in Sweden

District Metals Corp. has signed a contract with Expert Geophysics Surveys to conduct a helicopter‑borne Mobile Magnetotellurics (MobileMT) survey over its Alum Shale licences in north‑central Sweden. The program will fly roughly 2,253 line kilometres at 400‑metre spacing with 4,000‑metre...

By The Hedgeless Horseman
Goliath Resources –Consolidated 2025 Drill Assays W/ Multi-Element Assays Increased Au-Only By 16.5%
NewsMar 10, 2026

Goliath Resources –Consolidated 2025 Drill Assays W/ Multi-Element Assays Increased Au-Only By 16.5%

Goliath Resources reported consolidated 2025 drill results from 110 holes at the Surebet Discovery on its Golddigger Property in British Columbia's Golden Triangle. Multi‑element assays showed a 16.5% increase in gold‑only grades compared with previous runs, while also highlighting copper...

By The Hedgeless Horseman
Cabral Gold Achieves Major Permitting Milestone with the Granting of the LP for Full Mining License at Cuiu Cuiu Gold...
NewsMar 10, 2026

Cabral Gold Achieves Major Permitting Milestone with the Granting of the LP for Full Mining License at Cuiu Cuiu Gold...

Cabral Gold Inc. announced that Pará’s Environmental Council (COEMA) has issued the Licença Prévia (LP) for a full mining license at the Cuiú Cuiú gold district in Brazil. The LP clears the most time‑intensive stage of Brazil’s permitting process, de‑risking...

By The Hedgeless Horseman
Amex Exploration Signs Exploration Agreement with Apitipi Anicinapek Nation of Ontario
NewsMar 6, 2026

Amex Exploration Signs Exploration Agreement with Apitipi Anicinapek Nation of Ontario

Amex Exploration Inc. has signed an Exploration Agreement with the Apitipi Anicinapek Nation (AAN) to collaborate on its Perron West, Abbotsford and Hepburn projects in Ontario. The deal creates a community fund tied to Amex's exploration spend and opens employment,...

By The Hedgeless Horseman
Irving Resources Announces Further Drilling Results at the Yamagano Joint Venture, Kyushu, Japan
NewsMar 6, 2026

Irving Resources Announces Further Drilling Results at the Yamagano Joint Venture, Kyushu, Japan

Irving Resources reported high‑grade gold assay results from drill hole 25SY-003 at the Yamagano joint venture in Kyushu, confirming an eastward extension of mineralized veins. The hole intersected multiple zones, including a 1.0‑metre interval grading 23.36 gpt Au and 9.12 gpt Ag,...

By The Hedgeless Horseman
BCM Resources Corp Hires Drillers for Upcoming Thompson Knolls Exploration Program
NewsMar 6, 2026

BCM Resources Corp Hires Drillers for Upcoming Thompson Knolls Exploration Program

BCM Resources Corp announced a fully‑funded 2026 drill campaign at its 100% owned Thompson Knolls porphyry‑skarn Cu‑Ag‑Au‑Mo discovery in British Columbia. The program contracts National EWP to operate a Schramm Epiroc 685 reverse‑circulation rig and TonaTec Exploration to run an...

By The Hedgeless Horseman
“When to Bet Big on Junior Mining Stocks with Investor Erik Wetterling”
NewsFeb 20, 2026

“When to Bet Big on Junior Mining Stocks with Investor Erik Wetterling”

Investor Erik Wetterling, known as The Hedgeless Horseman, breaks down why junior mining stocks remain undervalued despite recent market corrections after the VRIC event. He stresses patience, the "wall of worry" mindset, and the shift from gold‑silver focus to base‑metal...

By The Hedgeless Horseman
Massive Silver Assets One Stock To Watch | Eloro Resources TSX: ELO – OTCQX: ELRRF
NewsFeb 17, 2026

Massive Silver Assets One Stock To Watch | Eloro Resources TSX: ELO – OTCQX: ELRRF

Eloro Resources (TSX:ELO, OTCQX:ELRRF) is an exploration and mine‑development firm focused on the Iska Iska silver‑tin polymetallic property in Bolivia's Potosí Department. The company touts the deposit as a potential giant, citing high‑grade silver and tin mineralization. Eloro remains publicly...

By The Hedgeless Horseman