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Bullboard - Stock Discussion Forum 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... see more

TSXV:STU - Post Discussion

Stuhini Exploration Ltd > Today's Announcement
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Post by djstone56 on Dec 06, 2022 9:58am

Today's Announcement

I guess today's pp news explains yesterday's drop in shareprice after a nice little recovery the past week.  Still not a cumbersome float.  Does anyone have any info on the drilling results from the late summer?  Are they still on track to be released prior to the end of the year?
Comment by Tad on Dec 07, 2022 11:20am
djstone, Good to see Eric Sprott adding to his position in Stuhini with this round of financing. Drill results should be starting to flow sometime in December. I was told turn around times from the lab was just over three months. Stuhini had completed 4 of the 8 holes while I was up in Atlin B.C in late August. From my understanding the Ruby Flats holes were drill first, and the final hole ...more  
Comment by djstone56 on Dec 07, 2022 8:07pm
Thanks Tad and yes it is good to see both Eric Sprott and Dave O'Brien adding to their respective positions.  Too many times, Management of these small cap/junior mining companies rely on cheap options instead of participating in pp's or  buying shares in the open market.  Dave is an exception to the trend and with his knowledge of the properties, his confidence to increase ...more  
Comment by Tad on Dec 08, 2022 10:35am
djstone56, From my understanding, the plan is to eventually spin off the Ruby Creek moly deposit, and hopefully bring in a strategic partner to further develop the asset.  I completely agree with you .... unlike many of the junior exploration companies out there, this is not a life style maintenance program for the top executive, as Dave O'Brien is only getting paid $2000 per month as ...more  
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