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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 Mar 10, 2011 9:03am
347 Views
Post# 18264047

RE: RE: RE: RE: RE: Insider Selling

RE: RE: RE: RE: RE: Insider Selling
What bothers me more than these small insider trades is wether gold is up or down ITH how one direction and that's to the down side.

Agree.   At even $1400 POG, ITH should without question be at $10, if not higher.  Sentiment of the market is one thing, but being dumb is quite another.

I guess this is why I could never succeed as a day trader.  I have too much "fundamentals" in my blood.   But unfortunately, this is not how investing works anymore.  Everything is driven by the moment and by high frequency trading - the "value investing" model of Buffett made him a lot of money in the 50s to the 90s, but the investing world has changed dramatically even in the last 10 years.

That said, ITH still needs to step on the pedal with drill results and a revised PEA and still let people know they are out there.  I was still under the impression they were going to try and provide the PEA by the end of this month, but maybe not.  I know the feasibility study is coming in the fall.

Very frustrating.
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