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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 ernesto47on Sep 27, 2024 10:24am
195 Views
Post# 36243950

crazy undervalued......

crazy undervalued......It is an easy calculation....about 202mio shs outstanding at let's say
ca. 80c....gives us about CAD 160mio capitalisation....our reserves
proven and probable are at present 20,5mio ounces! so what will you
get here: very easy....it's just for one share about 0.1 ounce gold in the ground.....I do not say it is USD 260 worth net....at present it is for sure about 100 USD for one share of CAD 80 cents......you will find
many companies with the same measely valuations in this down beaten market (I have about ten in my head) but all I can say, pray!!!!
Maybe 5000USD/ounce might change this, so we wait another two
years to see such a level, tis will come for sure!

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