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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 ernesto47on Apr 09, 2020 1:38pm
120 Views
Post# 30894945

And over the thumb....

And over the thumb....costprice for producing an ounce is around USD 1250, right now you win net 350 bucks,
we have a market cap of about 100 m Cadies, thats about 70 m USD, consider taking out 
10 mio. ounces over about 23 years lifetime of this mine, times 350 USD, the diff. of 1250 to now
1600 conservative, means a profit of 3,500,000,000 USD and this you get for the 70 m USD
market cap at present. Imagine how this thing looks at 2500 USD average during all that period,
it is sure worth a strong buy during the next couple of month.................
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