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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

Hercules Metals Corp > Volume on exchanges
View:
Post by Gangsterme on Apr 10, 2024 8:44pm

Volume on exchanges

Could someone explain the trading volume. One percent ot shares traded on two exchanges, who would be buying and who selling with so little price change! Trading on pennies I guess.
Comment by Retiredgeo on Apr 11, 2024 8:22am
According to the people on CEO a big block of shares became available for trade mid march.  It's the Core Assets story all over again.
Comment by Varadero on Apr 11, 2024 9:23am
That's right, that pushed back the share price since a month ago while all precious metals including $copper gained around 15- 20%, otherwise BIG sp would be easy around $1.40. Nothing gonna stop the Hercules silver/Copper train. This is just a very short term pause. Warren Buffett, however, has given this age-old wisdom a fresh spin in his famous quote: “The stock market is a device for ...more  
Comment by CaptainM on Apr 11, 2024 2:19pm
RetiredGeo what is the Core Assets story?
Comment by Retiredgeo on Apr 11, 2024 3:07pm
A big pile of shares hit the market 4 months and 1 day after a financing severely depressing the share price.  Gangster and I both own shares.
Comment by CaptainM on Apr 11, 2024 8:59pm
Thanks.  Yes, very unfortunate that these escrow shares had to hit the market at a time the silver/copper is gaining in price, taking the momentum out of the stock and helping the shorts.  Absent these shares hitting the market, we would likely be trading in the $1.20s But, Hercules is liquid enough to exhaust the sellers and bounce back soon.   From ceo.ca mooselayer, Nisha ...more  
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