Moving ahead at Ruby Creek: developing a world-class Molybdenum producer

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Message: Chen Lin recommends Stuhini Exploration as a buy

At this year's Metals Investor Forum held in Toronto this past weekend, investment newsletter writer Chen Lin met up with Stuhini Exploration's CEO Dave O'Brien for a 10 minute interview.

https://www.youtube.com/watch?v=0KGHfGx45Eg

According to information provided by someone on the CEO.ca Stuhini forum, Chen Lin has recommended Stuhini Exploration as a buy in latest issue of his newsletter subscription service, as Stuhini could see its market reach the $100's of millions.

Current Stuhini market cap is about $25 million.

Recall that former operator Adanac Moly Corp once had a market cap of $300 million when molybdenum prices were last at these price levels in 2008 priort to the 2008-09 credit crisis and collapse in the price of molybdenum.

The current private placement has been increased twice (from $1.6 million to $2.3 million) since it was announced on February 23, 2023 with Eric Sprott as the lead investor with $1 million committed. 

https://www.stuhini.com/3623-news-release

The financing is expected to close on or about March 15, 2023 fully subscribed . 

 

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