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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 metylman2000on Dec 09, 2009 5:24pm
186 Views
Post# 16570750

RE: RE: RE: SO MUCH FOR A SUDDEN TURN FOR THE BETT

RE: RE: RE: SO MUCH FOR A SUDDEN TURN FOR THE BETTTHM was sitting at $1.33 at the beginning of the year, whereas now it's $7, or a roughly 550% gain for ONE YEAR.

Surely there will be those meek speculators who made gobs of cash with THM looking to lock profits before year end.

All the news toward gold is negative now (which is a positive in my mind), so fear is creeping in to some shareholder's minds I'm quite sure. There's no way one can expect THM, or any other stock for that matter, to defy gravity indefinitely (even with large volume). If gold was going gangbusters, and THM was losing ground with high volume, THEN I would worry. But THM is following all the other gold stocks.

You have morons like rofolomo (I probably spelled his name wrong, as I have him on IGNORE) that try to spread fear, hoping to profit from this fear, and this will never change as long as there are still shorts out there. But the story for THM has not changed one iota. The gold market is in a long term bull, period. The bumps along the way are to be expected. Sit tight.
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