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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 Varaderoon Oct 23, 2024 8:27am
65 Views
Post# 36278116

RE:Stock action

RE:Stock action

I have lots of concerns regarding the current share price of Hercules, which is significantly lagging compared to its peers. The recent breakout in silver prices above $32.50 has led many silver miners to gain 10-15%, yet Hercules has not followed suit.

The ongoing delays in releasing assay drilling results since May have been detrimental to investor confidence. While many companies in the sector provide results within weeks, these delays raise concerns about management's intentions and strategy.

Additionally, there has been considerable hype and potential manipulation surrounding the company, further complicating the situation. I hope to hear more about any significant silver deposits that may exist and any plans for transparency moving forward.

Despite silver spot prices reaching an all-time high of over $35 yesterday, Hercules' share price has declined, which is quite alarming.

Stop blindly defending.


 


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