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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.


TSXV:BIG - Post by User

Post by CaptainMon Jan 07, 2024 1:33pm
207 Views
Post# 35814624

some predictions based on logic

some predictions based on logicFrom AUPop on ceo.ca

"
This is a discovery in progress where many key players in the industry are already involved in the area one way or another (staking, PP deals, etc…). Here’s what I predict is going to happen. @discoveries and the rest of you can save this prediction and in the near future hold me to it.

1. Hole 26 maintains better grade than hole 21 & 3D IP corroborating assayed holes.

Grades improve to the West (moving from hole 5 to 8 and hole 11 to 21) and to the North (moving from hole 11 to 8), with the NW direction as most favorable. With the trend of grades improving Westward, I am expecting hole 26 to do better than 21. Upper half of hole 21 was the 2nd best hole assayed after hole 5. In the last NR the company mentioned the staking of key land to the North that extends the 3D IP anomaly. This additional land, situated north of hole 5, provides further evidence that the 3D IP aligns with the assayed holes and points towards the NW as potential for higher copper grades. It wouldn't be surprising to discover that as we speak, BIG is actively staking claims to the West of its current drill sites as well


2. Another Deal with a Major likely to happen and above Barrick’s price.

There is considerable interest from major players in the region, sparking an unprecedented staking rush. We have evidence of this provided by BIG and others who are in the area or speaking to the company. Tinto is especially active. BIG has strategically delayed the release of its 3D IP data, as indicated in the recent news release (NR), as they are likely still involved in staking activities and leveraging the new 3D IP information for guidance. The culmination of this staking fervor suggests that another major player may soon be inclined to strike a deal with BIG. Currently, BIG holds a strong negotiating position. Majors such as Tinto, among others, might find it beneficial to pay a premium over the current stock trading price and Barrick's, given BIG's extensive land package and the forthcoming data supporting a potential discovery. Some majors may still have access to the non-released core pictures like hole 26 and cannot buy in the open market and may be willing to pay the premium now to do a deal with BIG, or will buy in the open market when the assays of hole 26 are released. Don’t be surprised if a deal is announced before the next assay release.


3. Stock price moving up and more buying from the Majors and Funds

When the 3D IP is released AND the assays show there is a clear trend of increasing copper grades occurring in the W/NW direction AND market sees interest in the area and BIG only grow, BIG stock will be bought up. The market may be taking clues from any one of these factors already."
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