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Bullboard - Stock Discussion Forum 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... see more

TSXV:STU - Post Discussion

Stuhini Exploration Ltd. > Molybdenum consolidating recent months' price increases
View:
Post by Tad on Jul 13, 2021 2:47pm

Molybdenum consolidating recent months' price increases

We should be seeing a news release in the not too distant future regarding the
closing of the private placement announced in mid-June. Probably within the next
couple of weeks ? 

Molybdenum prices are holding steady in the US$18.75 range, continuing to give
the Ruby Creek moly deposit an in-ground value in excess of C$10.5 Billion.

As the year progresses and if moly prices remain strong, shareholders should see
further develpment by Stuhini mg't in bringing the Ruby Creek molybdenum deposit
resource estimate up to current 43-101 compliance ... along with all the gold and silver
exploration on-going on the property as well. 

I added another 14,000 shares to the collection yesterday at $0.58. I believe the share
price is very undervalued. 

Exciting times ahead in the coming months for shareholders !! 







Data valid for 12 July 2021

LME CLOSING PRICES, US$ PER POUND

CONTRACT PRICE
Month 1 18.72
Month 2 18.75
Month 3 18.75
Month 6 18.75
Month 12 18.75
Month 15 18.75
Molybdenum quote source :

https://www.lme.com/en-GB/Metals/Minor-metals/Molybdenum-Platts#tabIndex=2



GLTA !
Comment by Tad on Jul 22, 2021 3:55pm
Molybdenum prices continue to consolidate gains from earlier this year. US$18.08 / lb × $1.255 exchange rate × 462 million lbs of moly still works out to in excess of C$10 Billion worth of metal in the ground. Could very well be economic at current moly prices, but we'll have to wait and see if the company moves forward with updating the historical resource into a 43-101 compliant ...more  
Comment by Tad on Aug 09, 2021 10:46pm
Moly price has started moving back up about a week ago . $18.75 / lb × $1.255 exchange rate × 462 million lbs of moly still works out to in excess of C$10.8 Billion worth of metal in the ground. A 1% value of the Ruby Creek moly deposit of C$108 / 24 million share O/S = $4.50 / share   GLTA ! Data valid for 9 August 2021 LME CLOSING PRICES, US$ PER POUND  ...more