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 Rising Again ... Over US$23.00/lb

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Comment by Tadon Aug 02, 2023 11:06am

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Post# 35568973

RE:Molybdenum Prices Rising Again ... Over US$23.00/lb

2-15 month LME contracts should read US$23.18/lb ..... not US$22.18 .

Tad wrote: Quotes from the LME from Aug 1 :

1 month contracts : US$23.55/lb
2 -15 month contracts : US$22.18/lb

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

Daily Spot US$23.873/lb

https://www.dailymetalprice.com/metalprices.php?c=mo&u=lb&d=20

I have to think that Stuhini,...... with is Ruby Creek Project containing an estimated 476.5 million lb moly deposit in a pit constrained measured, indicated and inferred resource ... should be valued by the market somewhat higher than the $10.5 million market cap we are currently looking at.

Not to mention the Big Ledge Project in south central B.C has a past historic zinc resource estimated at 100 million tonnes grading 4%, with a zone of 10 million tonnes grading 7%.

Lots of mineral value in the ground, not being reflected in the share price at the moment.

I've been adding more shares to the collection over the past couple months at these ridiculously cheap price levels. It's been pretty quiet lately, after the last presentation by CEO Dave O'Brien at the Vancouver Metals Investor Forum two months ago .... maybe time for a corporate update soon ?

GLTA !