Hercules Metals Corp V.BIG

Alternate Symbol(s): BADEF

Hercules Metals Corp., formerly Hercules Silver Corp., is a Canada-based exploration company. The Company is focused on developing Idaho's newest copper and silver district. The 100% owned Hercules Project, located northwest of Cambridge, hosts the recently discovered Leviathan porphyry copper system. The Hercules Property represents 8,850 acres consisting of one patented lode claim, 416 unpatented lode claims and approximately 1,165 acres of mineral rights owned in fee. The Company also holds the right to conduct exploration, drilling, road building, mining and milling activities on 1,770 acres of surface within the Hercules Property. The Hercules Property is located on the northwestern shoulder of Cuddy Mountain, 200 kilometers (km) northwest of Boise, Idaho. It also has a diversified metal portfolio, including the newly discovered porphyry copper target at the Hercules Project in Idaho.

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Hercules Metals Corp > Copper action

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Post by Retiredgeoon Dec 12, 2023 1:39pm

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Post# 35780343

Copper action

Copper is holding around $3.80 USD/lb which is a good price. There are predictions of a copper deficit in 2024. Silver is back to mundane levels after a recent run up to $25.50. Personally, I don't consider this stock to be a Silver play (despite the name). To me it is a Copper-Molybdenum play.

On the subject of Molybdenum it is currently trading at $113 USD/lb. Although a minor constituent of the ore it should not be ignored.

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