International Tower Hill Mines Ltd T.ITH

Alternate Symbol(s): THM

Metals & Mining Gold

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.

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International Tower Hill Mines Ltd

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Comment by ZippyBenjion Aug 16, 2020 2:00pm

206 Views

Post# 31414838

RE:RE:RE:Did something change from the feasibility study?

I understand the all in cost to mine is around $1200/oz., the numbers make sense even at a $1600/oz price of gold, the simplistic net profit is $4.4B or $23US/share based on a 11Moz reserve. The stock crashed when gold was around $1200-1400/oz which makes sense. The startup costs probably limit what producers can take it on, makes sense. Your hyperbole of the # don't make sense! explain.

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