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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 Heywood_Silverson Aug 10, 2020 12:34am
217 Views
Post# 31385758

RE:Did something change from the feasibility study?

RE:Did something change from the feasibility study?The NPV at $2,500 gold (we will break that by end of the year) is $2.7 billion per the investor presentation. Let's say the shares outstanding to bring the project to first pour (I don't personally think THM will mine this however) increase increase to around 300 million.

OK, now divide $2.7 billion by 300 mm shares and that yields $9 a share or relatively close to its all-time highs of $10 a share.  If we start talking $3,000 (which even Bank of America) admits will occur by next year the NPV probably increases to over $3 billion, thus dictating an intrinsice share price of over $10 - a new all-time high!

We still have 10 bagger potential here, espcially since it has consolidated around $1.35 USD.
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