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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

Comment by DealNoDealon Nov 16, 2009 12:15pm
353 Views
Post# 16490867

RE: RE: ITH Potential

RE: RE: ITH PotentialOn November 12, Claude Cormier wrote:
 

>>>A good example to watch is ITH, another stock I have on my list of favorite. It has quintupled this year on growing resources (now at 12.5M ounces of gold but with no silver, zinc or sulfuric acid). It is heading into PEA in a couple of months and has a market cap of $350M. I think it will double again.

But ITH appears to have non-refractory ore and will not need oxidation. So Capex will be lower. It is almost a done deal that economics will be positive... well almost.<<<

 

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