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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 > Holy moly! $32.20 moly for January futures
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Post by Notyoursheep on Jan 03, 2023 8:11pm

Holy moly! $32.20 moly for January futures

Not sure what is going on with the price of moly right now but this uptick is getting pretty exciting.So far I haven't understood why the market hasn't realized the dramatic upward trend in molybdenum ? . Hopefully the price  keeps going up then stabilizes  and we get noticed for our ruby creek deposit!.  Good luck longs!

https://www.lme.com/en/metals/ev/lme-molybdenum-platts#Trading+day+summary
Comment by Tad on Jan 06, 2023 12:48pm
NotYourSheep, In all honesty, I expect to see some sort of retracement in the price of moly in the coming weeks. When? Who knows ..... and how high does moly run prior to a correction  .... but I would not be surprised to see a consolidation of the recent upward price movement bottoming out around US$25.00 to $26.00 / lb.  In my opinion, Stuhini's Ruby Creek moly deposit is very ...more  
Comment by Notyoursheep on Jan 06, 2023 10:29pm
Hey there tad!, couldn't agree more with a possible correction  eventually which I believe is healthy for molly moving forward. Also with stuhini having the road already built is such a key thing moving foreward. I have heard that the pictures of the road don't do it justice and that you can drive a Honda up there let alone mining equipment is a key time saver if  someone was to ...more  
Comment by Tad on Jan 07, 2023 1:05am
Notyoursheep, Maybe you missed this earlier post ..... I was fortunate enough to have had the opportunity to visit the Ruby Creek project back in late August. The road to the working areas of the project is quite comparable to any unpaved country road.  Discovery Road out of Atlin up to the brdige at the foot of Surprise Lake is paved . From that point on it's well maiintained gravel ...more  
Comment by Notyoursheep on Jan 08, 2023 2:35pm
Thanks tad, nice to see the videos. I might try and make it up that way next summer to have a look around, not only does the ruby creek property interest me but the area looks  amazing. 
Comment by Tad on Jan 08, 2023 8:01pm
Notyoursheep, Atlin has the most scenic view of any town we vistied on our month long trip out to B.C. this past summer. If you do take a trip up to the area, take your fishing gear with you.  ;-)  GLTA !
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