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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

Post by thebeek02on Dec 09, 2009 9:09pm
236 Views
Post# 16571378

About Paulsen

About Paulsen
This is the guy who shorted the mortgage packaging game. He's moved to Gold. The part of the Bloomberg article that pertains to us is below. He hasn't made too many mistakes, like ever, and understands the big leg up to come with the juniors.
Paulson, who manages about $30 billion, has been buying stakes in gold companies as bullion climbed 38 percent this year to a record $1,227.50 an ounce today. He became the largest holder of Johannesburg-based AngloGold Ashanti Ltd. with a 12 percent stake at the end of the third quarter, according to a regulatory filing. The hedge fund also owns shares in Kinross Gold Corp. and Gold Fields Ltd. 
enjoy

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