Current Molybdenum Prices2 thru 15 month contract quoted at US$21.55 /lb
https://www.lme.com/en/Metals/EV/LME-Molybdenum-Platts#Trading+day+summary Daily spot price US$30.79 /lb
https://www.dailymetalprice.com/metalprices.php?c=mo&u=lb&d=20 Stuhini's current market cap is around C$6.5 million. Absurdly cheap considering their Ruby Creek molybdenum deposit has 476 million lbs in a measured, indicated and inferred 43-101 compliant molybdenum resource. The deposit is open in three directions and open at depth as well.
If the company could sell the deposit at US$0.10/lb in the ground, it would be worth US$47.6 million. That would be approx C$60 million. Stuhini only has 46.5 million shares outstanding currently trading at C$0.14 per share.
Would prefer to see a strategic partner come in to help develop the Ruby Creek Project, but an outright sale would give the company a large cash position to punch alot of holes in their other projects.
GLTA !