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International Tower Hill Mines Ltd T.ITH

Alternate Symbol(s):  THM

International Tower Hill Mines Ltd. is a Canada-based company. The Company is 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. The Company has a 100% interest in its Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska. The Livengood property is located in the Tintina gold belt approximately 70 miles (113 kilometers) northwest of Fairbanks, Alaska. 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 the Company and patented ground held by the Company. Its subsidiaries include Tower Hill Mines, Inc., Tower Hill Mines (US) LLC, and Livengood Placers, Inc.


TSX:ITH - Post by User

Comment by CovieNRAon Oct 09, 2009 11:41am
151 Views
Post# 16377135

RE: Trading today

RE: Trading todayValuePro,  you mention a potential "low" offer from Kinross.  I suspect that Jeff Pontius and the Board are way to smart to give this thing away.     My guess is any offer less than $12 a share will be met with some smirking laughter and a "thanks but no thanks" rejection to the bidder.

Another guess is next spring for any takeover, as Pontius may still want to drill further on Coffee Dome to see the real potential there if these initial drill results are very good (which, I agree with you, I think they will be).
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