Hercules Metals Corp V.BIG

Way overbought

[davidmb4]

likely won't hold $0.70.
10 day moving average at $0.60.
Next support at $0.55.
yesterday was huge dump including cheap warrants getting exercised.
now lots of bag holders who will likely sell after this drops back into $0.60's.
Not impressed with the low grade copper results.
their next results must be much better otherwise this will fall hard.
$2.50 by Christmas? Hahahahaha. More likely $0.25.
Time will tell. Good luck. Hope you make a killing here.

[LowMoor]

Okay Dave keep posting. Agenda?

[davidmb4]

No agenda. Just don't get the excitement for low grade copper. Subsequent holes must be better. CEO has almost guaranteed great results. If they don't live up to expectations then watch out. Canadian pump junior mining companies can fall fast. JMO. Good luck.

[LowMoor]

Okay so why do you need to keep posting? I know you could care less about people.

[davidmb4]

No comment. Let's see where this is by Christmas. That will be my next post. unless this goes to $2.50. I will just say good call and congrats. Good luck. May the fortunes be with you.

[LowMoor]

We all know the risks of junior exploration stocks.

[rockmoney]

The market has jumped on this because the Cu grades are actually quite high for this style of mineralization. Yes, this is still extremely early stage, but the hole of 184 m grading more than 0.8% Cu with a moly credit is very strong. The genetic style is a porphyry Cu-Mo deposit which are typically very large systems +500 m tonnes and low grade. The majority of operating porphyry Cu mines in BC

[Toppicks1]

Another really bad call.