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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 Retiredgeoon Feb 07, 2024 1:53pm
226 Views
Post# 35867982

Share price action

Share price actionAfter examining the trading history of BIG over the last 4 weeks it is clear to me that some big player (Rio Tinto?) is picking up a huge position.  The volume and the share price spike and then there is a quiet period in which the sucker pool fills back up and then it is emptied yet again.  Yesterday was one of those spike days and today is one of those quiet days.  I have no objection to a big player taking all of these retail shares out of circulation.  It is a huge vote of confidence in the property and it will make the share price better behaved (no more of that January 2 ****).

We are still awaiting the IP survey and the next batch of results from the 2023 drill programme.
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