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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 Sep 28, 2010 4:40pm
166 Views
Post# 17503421

RE: RE: TRADING HALT ANNOUNCED

RE: RE: TRADING HALT ANNOUNCEDChange in management could cause the stock to be halted?  Perhaps if it is Pontius, I could see that, but for anyone else, halting would appear to be an extreme measure to me.   Have you heard any rumblings that Pontius could be leaving?  I cannot even fathom that, considering the monetary and personal investment of time he has put into this company.   I would be stunned if this was it.

Since I think a full blown buyout is not likely, given that there have been NO leaks or even remote rumors about this, perhaps a JV announcement could be the halt reason.
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