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Gold/Mining/Energy : Stuhini Exploration
STU.V 0.1300.0%Feb 6 9:30 AM EST

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From: pstad605/10/2024 9:49:11 PM
   of 128
 
Molybdenum prices are on the rise again. Appears to be decent support at US$19.50/lb level

2 thru 15 month contract on molybdenum closed at US$21.53/lb today, May 11 2024
lme.com

The quotes for daily spot are currently posted at US$31.39/lb
dailymetalprice.com

Stuhini mg't use the LME monthly contract quotes.

Someone is going to show some interest in Stuhini's Ruby Creek Project sooner or later. Zijin Mining paid US$0.16/lb in the ground for the Shapinggou moly deposit back in Oct 2022.when molyvwas only US$18.00 per lb.

Even if Stuhini accepted an offer at US$0.10/lb for the pit constrained 476 million lb Ruby Creek moly deposit, it would be worth more than C$1.25 per share in value .....

GLTA !
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