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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 rofion Mar 08, 2011 1:39pm
240 Views
Post# 18252320

Insider Selling

Insider SellingI usually don't have a problem with insider sales, after all, they've done the heavy lifting (some of them, anyway) and it's their honeypot, but I do have a real problem with what happened here yesterday:
https://www.canadianinsider.com/coReport/allTransactions.php?ticker=ith


They may have been small sales, but why sell at the tail end of a cyclical low at the worst time of the year? $9.15/sh is tantamount to to dumping (unless he knows something I don't), and really shows a lack of faith in the company.

note to Stockhouse QC: This is by FAR the slowest of any site I use on the Internet, financial or otherwise. It took me a minute and a half to log in on cable broadband, and even when not logged in there are many times during market hours when I just give up. If it wasn't for the quality of the posted content, or some of it anyway, I'd use "the other guys" for everything and wouldn't come near here
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