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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 Retiredgeoon Jun 03, 2024 12:11pm
140 Views
Post# 36069462

RE:RE:Why is BIG languishing?

RE:RE:Why is BIG languishing?Assays are weeks away.  July 22 is the approximate target date (April podcast video).  I don't buy the conspiracy the the company will sit on poor holes.  They rushed partial results of 23-26 out the door before the hole was even completed.  They didn't have to do that.

Speculators will do what speculators will do for their own fly-by-night reasons.  From an investor standpoint BIG is exploring the first porphyry intrusion of a brand new porphyry belt.  They already have an ore grade in 23-05 meaning this porphyry is well mineralized (It also suggests that the entire belt is well mineralized).  The project/area is already substantially derisked which is why Barrick (and Rio Tinto?) bought in so quickly.

I am content to give them the time they need to flesh all of this out.  If others would rather sell and buy Bitcoin to each their own.  I am convinced that BIG will pay off handsomly in time.  That is why I am here.

What will the first holes reveal?  We don't know and won't know until the press release.  In my opinion they will have punched more holes through the Bornite blanket similar to 23-05 or better.

Some have claimed that moving the drills around the property is a sign of failure.  I don't buy that!  In a complex geological environment it takes time to figure out what you are seeing in the drill core.  BIG has a big property with lots of targets.
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