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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 Jul 22, 2020 12:59pm
230 Views
Post# 31302782

Look what an option this is, with no expiry date......

Look what an option this is, with no expiry date......20 mio. ounces in the ground, 190 mio. shs in the picture
just to calculate it the easy way, for a share of USD 2 bucks
you get a tenth of an ounce (easy made, just took 19 mio. ounces
as reserves) you buy a tenth of an ounce of gold now, that is a value of great USD 185 for you and this you get for 2 USD,
even if you consider low grade, cost maybe now about 145 bucks for your 1/10 of an ounce, you share a profit of 40 bucks net, imagine what happens if gold rolls over 2000 into a cracy run, each hundred dollar up is a tener for you.
Still one of the best bust most overseen shares in Vancouver. GLTA!!!!!!!! 

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