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

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TSXV:BIG - Post Discussion

Hercules Metals Corp > Holy Moly, Molybdenum $Copper byprodut

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Post by Varadero on Apr 28, 2024 9:12pm

Holy Moly, Molybdenum $Copper byprodut

New metal. Molybdenum! Needed to make steel, crazy volatile economy metal. Shiny, Cheap. Necessary in alloys and other things. And China is stockpiling it. Moly!

Moly is most often mined as a byproduct in large copper porphyry deposits.

Molybdenum copper alloys are made by combining molybdenum with copper, resulting in a material with improved thermal and electrical conductivity. Molybdenum copper alloys have a high melting point and a low thermal expansion coefficient, making them resistant to thermal creep and deformation at high temperatures.

Moly trades at $20/lb, almost 5 times the price of $Copper. Ore grade moly deposits begin at 1%.