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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 Sep 08, 2011 5:01pm
314 Views
Post# 19024135

Mine Development at Livengood

Mine Development at LivengoodKomadina comments on the likelihood of Tower Hill going it alone in message to shareholders (Sept. 7):
https://www.ithmines.com/corporate/ceo/


Investor relations person follows up on it on it:
https://www.mineweb.co.za/mineweb/view/mineweb/en/page66?oid=135032&sn=Detail&pid=102055


I think they have crossed the Rubicon on this myself, and I would expect shareholders to pay a short-term penalty in the stock price, especially if the pm miners rally develops the way the Noise Machine is predicting. Long term looking great
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