Molybdenum Price Hovering Around US$20.00 / lb
Stuhini's Ruby Creek moly deposit in-ground value is currently worth more than C$11.6 Billion
462 million lbs of moly X US20 / lb X $1.26 Exchange Rate = C$11,642,400,000
Stuhini has approximately 24.1 million shares outstanding, and currently has about $2.5 million in cash
LME CLOSING PRICES, US$ PER POUND Sept 6 2021
CONTRACT PRICE Month 1 ... 19.91 Month 2 ... 19.99 Month 3 ... 19.99 Month 6 ... 19.99 Month 12 ...19.99 Month 15 ...19.99
Data Source: lme.com
As well as participating in the recent $2.3 million private placement, Stuhini President and CEO Dave O'Brien has been buying 50,000 shares on the open marlet in the past 2 weeks:
As of 11:59pm ET September 7th, 2021
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Sep 6/21 Sep 3/21 O'Brien, David Bruce Indirect Ownership Common Shares 10 - Acquisition in the public market 4,500 $0.590 Sep 6/21 Sep 2/21 O'Brien, David Bruce Indirect Ownership Common Shares 10 - Acquisition in the public market 5,000 $0.590 Sep 2/21 Aug 30/21 O'Brien, David Bruce Indirect Ownership Common Shares 10 - Acquisition in the public market 5,500 $0.580 Aug 29/21 Aug 27/21 O'Brien, David Bruce Indirect Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.530 Aug 29/21 Aug 26/21 O'Brien, David Bruce Indirect Ownership Common Shares 10 - Acquisition in the public market 7,000 $0.530 Aug 29/21 Aug 25/21 O'Brien, David Bruce Indirect Ownership Common Shares 10 - Acquisition in the public market 1,500 $0.530 Aug 29/21 Aug 25/21 O'Brien, David Bruce Control or Direction Common Shares 10 - Acquisition in the public market 10,500 $0.550 Aug 29/21 Aug 25/21 O'Brien, David Bruce Control or Direction Common Shares 10 - Acquisition in the public market 12,500 $0.530 Aug 29/21 Aug 24/21 O'Brien, David Bruce Control or Direction Common Shares 10 - Acquisition in the public market 2,000 $0.550 Jul 28/21 Jul 23/21 O'Brien, David Bruce Direct Ownership Common Shares 11 - Acquisition carried out privately 100,000 $0.650
Source: canadianinsider.com
GLTA ! |