Stuhini Exploration Ltd. V.STU

RE:Molybdenum Prices Strengthening Again

[Tad]

Futures contract prices moving higher yet again. 


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


Current 1 month contract : US$31.93 / lb
2  to 15  month  contracts : US$33.67/ lb




US$33.67 X 477 million lbs = US$16,060,590,000 in ground value

or 

US$33.67 X $1.34 exchange rate X 477 million lbs = C$21,521,190,600 




If this were a gold deposit it would be equivalent to 8.3 million oz of gold: 

US$16,060,590,000 / US$1920 / oz = 8,364,900 oz au deposit



If this were a silver deposit, it would be equivalent to almost 680 million oz of silver.

US$16,060,590,000 / US$23.65 / oz = 679,094,714 oz silver


Stuhini Exploration is absurdly under priced for the underlying asset value of its known molybdenum resource. The moly deposit is in all likelihood much larger.

Stuhini is not just a moly play, The Ruby Creek Project also hosts prospects for gold and silver as well. The company also has another gold prospect, the Que project in southern Yukon, a zinc play at their Big Ledge Project near Revelstoke B.C, a nickel prospect in the South Thompson Nickel Belt of Manitoba, and some recently added gold, copper/gold prospects in Arizona. 

The company has previously reported some extrememly high grade silver and gold samples at other locations on their Ruby Creek project.


STUHINI EXPANDS ADERA ZONE TARGET AND SAMPLES UP TO 5681 G/T AG AT RUBY CREEK ADERA CORRIDOR

https://www.stuhini.com/11221-news-release


STUHINI EXPLORATION DISCOVERS NEW HIGH-GRADE SILVER MINERALIZATION, SAMPLING UP TO 456 OZ/TONNE (14,179 G/T) SILVER

https://www.stuhini.com/040621-news-release



STUHINI IDENTIFIES GOLD TARGET AREAS AT RUBY CREEK AND SAMPLES UP TO 121 G/T GOLD

https://www.stuhini.com/050521-news-release


STUHINI IDENTIFIES NATIVE GOLD WITH COPPER, SILVER AND TUNGSTEN IN BOTH HISTORICAL DRILLING AND CURRENT SURFACE SAMPLING WITHIN THE SURPRISE LAKE BATHOLITH, ATLIN, BC, CANADA

https://www.stuhini.com/011222-news-release-1



STUHINI IDENTIFIES HIGH-GRADE SILVER MINERALIZATION AT SILVER SURPRISE AND DAYBREAK, SAMPLING UP TO 16,030 G/T SILVER 

https://www.stuhini.com/022222-news-release




At the current moly quote, just over C$215 billion in ground value for Stuhini's Ruby Creek pit constrained 477 million lb moly resource. 

CEO  Dave O'Brien has mentioned in a couple of interviews in 2022 that he would like
to spin off the molybdenum project into a separate entity and form a new exploration company with the remaining higlly prospective areas of Ruby Creek, and their other projects.


Stuhini Exploration (STU) - Focus on World Class Molybdenum Project

https://www.youtube.com/watch?v=XKOaIoytRNY

Talk about splittng the company up begins around the 6 minute mark until 12 minutes  .


Stuhini Exploration (STU) - Technical Analysis & Due Diligence

https://www.youtube.com/watch?v=3fkvG24VtK4

Discussion of spinning off the moly deposit off from the rest of the exploration assets occurs in a couple of places, first mention is around the 2:45 mark, the more in-depth discussion of a plan of arrangement / spin off / strategic partnership begins around the 44 minute mark.


If Stuhini sold the deposit for only 1% of the inground value it would be roughly $215 million.

If all warrants were fully exercised there would be approx 43.8 million Stuhini shares outstanding .....  roughly C$4.90 per share in value at current moly price.


GLTA !