Stuhini Exploration Ltd. V.STU

Alternate Symbol(s): STXPF

Stuhini Exploration Ltd. is a Canada-based mineral exploration company. The Company is focused on the exploration and development of precious and base metals properties in western Canada and south-western United States. The Company's portfolio of exploration properties includes Ruby Creek Project, Que Project, South Thompson Project and Big Ledge Property. The Company’s flagship the Ruby Creek project is located approximately 14 kilometers (km) east of Atlin, British Columbia. The Que project is located approximately 70 km north of Johnson's Crossing in the Yukon. The South Thompson project is located approximately 35 km northwest of Grand Rapids, Manitoba. The Big Ledge property is located approximately 57 km south of Revelstoke, British Columbia. The Company also has a portfolio of properties in south-east Arizona.

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Stuhini Exploration Ltd. > Molybdenum Prices Continue Strengthening

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Comment by ThoughtsOnThison Aug 27, 2021 2:47am

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Post# 33774624

RE:RE:Molybdenum Prices Continue Strengthening

I do not know anything about the cost of mining molybdenum. I do not know what historically drives the price of molybdenum. So with that said I would like to do some math.

462 million lbs X US$19.79 / lb X $1.265 exchange rate = C$11,565,869,700

Let's say it costs $10,565,869,700 to get the molybdenum out of the ground and to market. That would leave a $1,000,000,000 profit. It looks like the company has about 25,000,000 shares outstanding. $1,000,000,000 divided by 25,000,000 = $40 per share.

Can you help me understand how the company can be trading at $00.53? Like everybody else I would really love to have a big winner. What am I missing?

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