Hercules Metals Corp V.BIG

The BIG picture

[Retiredgeo]

Barrick is hoping that this porphyry is another Bingham Canyon deposit.  Bingham Canyon was/is America's largest open pit Cu-Mo-Au-Ag mine which has produced 15.4 Mt of Copper, 850 million lbs of Molybdenum, 23 million ozs of Gold and 190 million ozs of Ag.  If such a deposit exists under BIG's property this stock is going to $100/share.

The discovery hole was a fluke.  It caught the outer phyllic envelope of the blind porphyry intrusion (the best mineralzation is in the inner sericitic envelope).  The next three holes are going to be similar.  With Barrick money and guidance they are going to be drilling the **** out of this porphyry.

There are reasons why this stock shot up to $1.50 CAD.  Shorters beware.  The big picture is not in your favor.

[davidmb4]

If they deliver over 200 meters of 2% copper then I am a buyer again. Right now the market cap is suggesting they deliver those type of results. I think it will be risky to hold into results. I will derisk it by buying after results. I might have to pay a few cents more after the news but it will be totally risk free. Good luck. Hope they deliver. But juniors usually fail 99% of the time. FYI.

[Retiredgeo]

I'm expecting three more versions of the discovery hole.  I will be buying more once the current spike bottoms out.  Long term this is going to be a fantastic story and Barrick knows it. Your math is correct.  The trick is to invest in the 1% and both geology and location are screaming 1%.  I can't advise any speculator or day trader.  I'm in it long term

[Retiredgeo]

Please make that "the inner potassic envelope"