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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

Comment by CaptainMon Apr 09, 2024 12:23pm
101 Views
Post# 35979268

RE:Press release

RE:Press releaseExcellent summary Retiredgeo!

To me, the big takeaway from today's NR, is more corroborating evidence of a major system in play here.  Really like the historical Chalcocite rocks from the top of the highly conductive anomaly.
The NR was very professionally written.

Those 8.6 million Escrow shares that became free trading on March 19, when the stock began its decline, are preventing us from filling the gap and going beyond $1.  The average and consistent selling volume of Anon runs at around 30% of total daily volume, but since exactly as of March 19, the daily selling volume by Anon increased to 50% of total volume.  Based on that differentiator,  an estimated 3 million shares have been sold by the Anon seller(s), since March 19.

Goldfinger on the ceo.ca site is scheduling an interview with Chris Paul and hopefully we can find out more about these free floating escrow shares.

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