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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.


TSX:ITH - Post by User

International Tower Hill Mines Ltd
Bullboard Posts
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(56)
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Comment by woolcoon Aug 17, 2020 12:40pm
183 Views
Post# 31418299

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

RE:RE:RE:RE:Did something change from the feasibility study?Sorry that is not my understaning....

I thought that they needed to be over 2k gold to make an IRR that was even in the teens....

Mines don't get funded for that...especially expensive ones.

This seems to be only a play with sustained gold over $2500 for a year or two....then could be worth alot?

What is the short term driver?,..besides the price of gold you can get in any investment?


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