COPPER: High-Grade Potential in Idaho | Hercules Metals CEO Interview
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Timestamps
00:00 Intro
00:15 Important Warning
01:30 Hercules Metals Company Overview
05:30 Is Chris the right man for the job?
11:18 How much did Chris pay for his shares?
13:37 Does Chris have other positions?
13:58 Does Chris own a royalty on the project?
16:00 How much skin in the game does Chris have?
16:50 Why is Chris not buying shares right now?
18:28 Where is all the selling pressure coming from?
20:45 Is Chris looking for more institutional ownership?
22:14 What's the real history of the project/asset?
29:15 What's the 2025 drill plan?
32:49 How much money are they spending in 2025?
33:57 Why is drilling in 2025 going to be 50% cheaper?
35:26 Did they overpay for drilling in 2024?
37:24 Will they have to raise money in H1 2025?
38:33 Is there room for another strategic investor?
39:58 What's the main goal for the 2025 drill program?
43:22 Are they still looking for the "engine" of the system?
46:29 Why is the epithermal cover not higher grade?
48:45 Why is he expecting higher grade in the iron-rich host?
53:07 Was the mineralizing event strong enough?
55:18 Where will the (biotite?) alteration be?
56:56 What if they don't find the core in 2025?
58:24 Why not do an MRE in 2025?
59:49 Where does Barrick want to drill in 2025?
01:01:00 How much influence does Barrick have on decisions?
01:04:10 Drill to kill?
01:05:20 Could post-mineral faults be offsetting the high-grade core?
01:07:00 Is there an increase in grade as they move South-East?
01:08:12 How deep do they have to drill?
01:10:43 Is the 24% copper in concentrate an issue for the smelter?
01:11:48 Is the molybdenum actually a credit or a penalty?
01:12:45 Is the silver actually a credit or a penalty?
01:14:40 What's the G&A for 2025?
01:16:40 How is share-based compensation determined?
01:17:55 What is their approach to bonuses?
01:19:45 Are bonuses tied to share price performance?
01:21:20 What's the marketing strategy for 2025?
01:25:40 What geophysics are they doing in 2025?
01:31:29 Are they planning on buying/staking more land?
01:34:20 Does Chris talk to Bristow?
01:37:00 VERY IMPORTANT WARNING - DO NOT SKIP
This is a Hercules Metals CEO interview with Chris Paul.