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

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TSXV:STU - Post Discussion

Stuhini Exploration Ltd > Molybdenum Price Hits US$28.36 / lb

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Post by Tad on Dec 28, 2022 11:56pm

Molybdenum Price Hits US$28.36 / lb

...... Stuhini sitting on a pit constrained measured, indicated and inferred resource of 478 million lbs moly deposit .....

US$28.36 x $1.36 exchange rate x 478 million lbs = C$18,436,268,800 in ground value

Not too shabby for a company with approx 34.6 million shares outstanding at the present time, sporting a market cap of only C$11 million.

GLTA !

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