Hercules Metals Corp V.BIG

Can someone in this board help me understand..

[Nextlegup]

Why some investors would be buying Hercules Silver over American Eagle?

(Obviously I'm a shareholder in American Eagle)

Big has twice the number of shares out standing and approx twice the price...

yet with the recent hole..nice, but not quit as favourable as AE.

https://stockhouse.com/news/press-releases/2024/01/08/american-eagle-intersects-302-metres-of-1-09-copper-equivalent-within-606-metres
 

https://www.stockwatch.com/News/Item/Z-C!BIG-3504467/C/BIG


Cheers

[CaptainM]

From about a month or so ago, when I looked at both, BIG's hole 5 had better copper grades.   From the geology and IP BIG appears to be much bigger.  BIG appears to have better alteration and mineralization, and just looks to be a very fertile system with Bornite all over as the primary copper bearing mineral.  BIG has better access, power etc...   BIG has more

[Nextlegup]

Hey appreciate the comments Captain...  that previous hole certainly shows some promise for sure...but admittedly, I'm scratching my head as to how a Hercules could reach a valuation of over $300 million on such a hole...figured I was missing something Time will tell... Best of luck to shareholders here

[CaptainM]

Nextlegup, markets are forward looking and they were anticipating same or better results than what was revealed after hole 5. Don't be surprised if we are back up in the stock price when drilling starts.  We now have much better information and compelling reasons than we had before.

[Varadero]

You bet, or maybe higher up to $1.90 with no news.