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 now quoting US$25.00/lb

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Comment by Tadon Dec 14, 2022 8:21pm

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Post# 35172197

RE:Molybdenum now quoting US$25.00/lb

Moly price continuing to rise ...... printing US$26.47/lb this evening for the 2 through 15 month contracts.

.....and US$25.24/lb for the 1 month.

https://www.lme.com/en/Metals/EV/LME-Molybdenum-Platts#Trading+day+summary

Tad wrote:
1 month contract US$25.96

2 - 15 month contract US$25.00

US$25.00 X $1.355 exchange rate X 478 million pounds = $C$16.2 Billion in ground value

https://www.lme.com/en/Metals/EV/LME-Molybdenum-Platts#Trading+day+summary

One would think there should some large base metals mining company(s) having a closer look at the Ruby Creek moly deposit these days ....

Even if an acquirier only paid the same price per pound that Zijin MIning recently paid for the Shapinggou moly deposit in China at roughly C.215/lb, the Ruby Creek moly deposit would
fetch just over C$100 million .

GLTA !