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International Tower Hill Mines Ltd T.ITH

Alternate Symbol(s):  THM

Metals & Mining Gold
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

International Tower Hill Mines Ltd
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Comment by rofion Sep 13, 2010 10:32pm
281 Views
Post# 17443858

RE: RE: RE: Late Day Press Release

RE: RE: RE: Late Day Press ReleaseThe stock market short term is a hotbed of irrationality and overreaction high and low, but this is now a mining story without any significant unanswered questions or nagging defects. There is no rational basis for analysts and investors to bet against it. Osisko's projected IRR is 25% (in the article I read the underlying price of gold was not mentioned).

At some point the price of gold will level out, but even if the price of gold goes up just 20% from here, this thing is a money machine.

Pretty good Canadianese, btw.

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