Stuhini Exploration Ltd. V.STU

Moly prices strengthening ....

[Tad]

...... the past few days  This story could get very interesting if molybdenum price rises another dollar or two.

With a known historical resource in excess of 400 million pounds of moly stated in the December 2007 Feasibility Study Update by Adanac Molybdenum Corp, one could speculate on a number of scenarios if moly prices continue to strengthen in the coming months.






https://www.dailymetalprice.com/metalprices.php?c=mo&u=lb&d=1

Molybdenum Prices for the Last Month

Molybdenum (lb)	Date
$11.620	May 06, 2021
$11.590	May 05, 2021
$11.500	May 04, 2021
$11.180	Apr 30, 2021
$11.180	Apr 28, 2021
$11.150	Apr 27, 2021
$11.110	Apr 26, 2021
$11.100	Apr 23, 2021
$11.100	Apr 22, 2021
$11.030	Apr 21, 2021
$11.030	Apr 20, 2021
$11.030	Apr 19, 2021
$11.070	Apr 16, 2021
$11.090	Apr 15, 2021
$11.090	Apr 14, 2021
$11.160	Apr 13, 2021
$11.180	Apr 12, 2021
$11.180	Apr 09, 2021
$11.200	Apr 08, 2021
$11.200	Apr 07, 2021

Molybdenum Price (USD / Pound)



GLTA !

[Tad]

And moly prices strengthened more this past week ... as of May 14. LME CLOSING PRICES, US$ PER POUND CONTRACT PRICE Month 1 13.06 Month 2 13.73 Month 3 13.73 Month 6 13.73 Month 12 13.73 Month 15

[Tad]

The last  43-101 resource calculation that Adanac Molybdenum Corp issued for the Ruby Creek moly deposit was posted on the SEDAR.com site on May 29, 2009. Measured and Indicated Resources of 407,911,000 lbs grading 0.065% and Inferred Resourdes reported as ..... 53,719,000 lbs grading 0.062 % Total M&I and Inferred Resources ...... 461,630,000 lbs The appendix of the  2009 43-101

[Tad]

Moly prices continue their upward trajectory. Closed yesterday at just over US$16.02 / lb. Sooner or later people are going to start recognizing the posibility that the Ruby Creek moly deposit is economical, and this company is going to be the target of a serious take over offer. Plug in the latest moly price to previous calculations : US$16.02 /lb x $1.20 exchange rate = C$19.22 /lb 461,630

[Tad]

Moly prices closing in on US$17.00 / lb on 2 -15 month quotes .... Current market cap for Stuhini Exploration is  approx C$12 million ( 20 million shares x $0.60 ) .... for a company with a moly deposit worth over C$8.8 Billion in the ground. Only question is if the deposit is economic at current moly prices.  I added another 20,000 shares of STU yesterday and today to the collection.&

[Tad]

.... and the molybdenum price just keeps climbing .......  pushing the value of the Ruby Creek moly deposit to : US$17.60/lb x $1.20 exchange rate x 461 million lbs = C$9,736,320,000 . GLTA ! Data valid for 10 June 2021 LME CLOSING PRICES, US$ PER POUND CONTRACT PRICE Month 1 16.88 Month 2

[Notyoursheep]

Great close on Friday at $18.85 for moly! the demand is building for a jump that big in one day! The value of molly we have in the ground is staggering

[Tad]

Moly price has been consolidating its recent months' gains after hitting +US$20.00 / lb a couple of weeks ago. At  US$18.84 / lb X $1.2350 exchange rate X 461,630,000 lbs of moly = Cdn$10,740,929,862 in ground value. Once Stuhini completes their current financing, the company should have just over 24 million shares if the placement is fully subscribed. So if Stuhini were to sell the