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International Tower Hill Mines Ltd T.ITH

Alternate Symbol(s):  THM

International Tower Hill Mines Ltd. is a Canada-based mineral exploration company. The Company is engaged in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. It is in the exploration stage and controls a 100% interest in its Livengood Gold Project in Alaska, United States. The Livengood property is located in the Tintina gold belt approximately 113 kilometers (70 miles) northwest of Fairbanks, Alaska, in the Tolovana Mining District within the Tintina Gold Belt. The property consists of land leased from the Alaska Mental Health Trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by it and patented ground held by the Company. The Livengood Gold Project covers approximately 19,546 hectares (48,300 acres), all of which are controlled by it through its wholly owned subsidiary, Tower Hill Mines, Inc.


TSX:ITH - Post by User

Post by DealNoDealon May 04, 2009 9:58am
432 Views
Post# 15964063

ITH Breaking Out

ITH Breaking OutITH breaking out to new highs today last traded at $3.40.  It traded at 2.95US on the open, which translates to $3.48 Can. Looks like GMP is putting their money where their mouth is they have a target of $5.25 in 12 months.  They bought 1.5 million shares last week as well as buying 3.5 million shares in the last couple of years mostly this year.  They are buying today as they buy every day.  They participated in the Private Placement at $2.50 a couple of months ago and sure looks like they are going to meet their target.  Congrats to all longs who stuck it out we are in uncharted territory.
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