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Bullboard - Stock Discussion Forum 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... see more

TSXV:BIG - Post Discussion

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Post by CaptainM on Jan 03, 2024 10:25pm

Hole 26

All holes were at the periphery of the system. Hole 26 would be one that is offset from the periphery in the direction Chris Paul talked about as indicative of better mineralization. He was very clear in his last interview in pointing out that the team knows well which way this is trending, but haven't made that information public; and hole 26 would represent the first test of that conviction. We can also see from actual data that in the SW / W direction from hole 8 to 5 and hole 11 to 21, we can clearly see the grades improve. I'm not looking for a FILO discovery hole, but anything as good as 5 or better with longer length would help the stock price.
Comment by davidmb4 on Jan 04, 2024 10:19am
Market cap $215 million on a few drill holes and a map? I believe this will move similar to NILI back to $0.50. Same pump group will become strangely quiet as stock continues to fall. The pump group will love to another play and start hyping about next great discovery. Wind on CEO makes me laugh.
Comment by CaptainM on Jan 04, 2024 11:15am
Realize all of this is economical copper as long as we find the higher grade copper source.  Every hole ended in mineralization.   I didn't expect them to find the high grade out of the gate.
Comment by Retiredgeo on Jan 04, 2024 11:30am
I'm thinking that all four holes went into the phyllic zone and for some reason the phyllic zone of this intrusion is better mineralized than most and hosts Bornite.  Phyllic zones are seldom mined.  They are indicators of where the higher grade copper resides.  We haven't seen that yet. Everyone is in such a hurry for outstanding success or dismal failure.  All of ...more  
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