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Hercules Metals Corp BADEF


Primary Symbol: V.BIG

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 25, 2024 8:38pm
96 Views
Post# 36008457

RE:RE:RE:RE:Where are the shares coming from?

RE:RE:RE:RE:Where are the shares coming from?Correct, we will never know who anon is and wether it is related to escrow or not.  But, please note that since the stock began trading (3 years ago), never has there been back-to-back/consistent multiple days of Anon selling volume greater than 50% of daily volume until exactly on the day the escrow shares became free trading.  Correlation is not causation, but given the large number, 8.6 million,  of shares coming online, it is very likely the case that it was the escrow shares that were sold.

I will wait and see if the next several days exhibit similar selling.  A one-off day is not a trend, but if the consistent pattern returns than it MAY indicate that the escrow holders took a break and now returned to selling some more shares.  The selling by Anon since March 20 were consistent for many days until April 17.
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