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Bullboard - Stock Discussion Forum
Stuhini Exploration Ltd.
V.STU
Alternate Symbol(s):
STXPF
Technology
Software - Application
Software - Infrastructure
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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TSXV:STU - Post Discussion
Stuhini Exploration Ltd.
> Molybdenum price closes 2022 above US$30/lb
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(12)
•••
Tad
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Post by
Tad
on Dec 30, 2022 7:39pm
Molybdenum price closes 2022 above US$30/lb
Moly price for 2 - 15 month contracts now priced at US$30.33/lb.
https://www.lme.com/en/Metals/EV/LME-Molybdenum-Platts#Trading+day+summary
US$30.33/lb x $1.3543 exchange rate x 478 million lb = $C19,634,289,282 in ground value
With today's announcement of the option payment for Ruby Creek, the share structure is now :
Current shares issued and outstanding as of Dec 31, 2022 :
36,356,094 common shares
(2,260,066 warrants exercisable @ $0.60 expiring August 2024)
(2,001,092 warrants exercisable @ $0.35 expiring December 20, 2024)
Insider ownership.
Barry Hanslit - Co-founder - 6,800,000 shares
.
Eric Sprott - 3,234,783 shares, 217,391 warrants @ $0.35
(
Personal Holdings - 734,783 shares & 217,391 warrants,
2176423 Ontario Ltd. - 2,500,000 shares).
.
Dave O'Brien - Co-founder and CEO -
(Personal Holdings - Direct Ownership 1,802,500 shares, Indirect Ownership 390,000 shares)
GLTA !
(35)
•••
djstone56
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Comment by
djstone56
on Dec 31, 2022 9:06am
2023 is shaping up to be a very good year. Come on Dave...get that For Sale sign in the ground!
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