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Gold/Mining/Energy : Stuhini Exploration -- Ignore unavailable to you. Want to Upgrade?


To: pstad60 who wrote (21)8/11/2021 10:17:36 AM
From: pstad60  Read Replies (1) | Respond to of 134
 
Re: Molybdenum consolidating recent months' price increases

Moly prices started moving back up about a two weeks ago .

$18.75 / lb × $1.255 exchange rate × 462 million lbs of moly works out to in excess
of C$10.8 Billion worth of metal in the ground.

If Stuhini were to sell the Ruby Creek moly deposit for 1% of the current inground value

of C$108 with approx 24 million share O/S = $4.50 / share.


LME MOLYBDENUM (PLATTS)


Data valid for 9 August 2021



......CONTRACT ..............................................................................................PRICE....................
Month 118.75
Month 218.65
Month 318.65
Month 618.65
Month 1218.65
Month 1518.65


Quote source:

https://www.lme.com/en-GB/Metals/Minor-metals/Molybdenum-Platts#tabIndex=2

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GLTA !

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