International Tower Hill Mines Ltd. (THM)
Summary
International Tower Hill Mines As A Cheap Lever On The Price Of Gold, A Change Worth $115 Million
International Tower Hill Mines offers high leverage to gold through its large Livengood project, now backed by a $115M capital raise. THM's investment case hinges on de-risking project economics, advancing permitting, and attracting partners, not just gold price appreciation. The recent financing shifts THM from survival mode to active project advancement, with explicit spending plans for feasibility and permitting.
International Tower Hill Mines Ltd. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 10 | $23 | $21.35 | -$1.65 | -7.17% |
 John Paulson Paulson & Co. | 99.57M | $145.3M | $213.09M | $67.79M | 46.65% |
 Blue Zone Wealth Advisors Blue Zone Wealth Advisors LLC | 23,000 | $22,560.7 | $45,770 | $23,209.3 | 102.87% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 700 | $482.65 | $1,519 | $1,036.35 | 214.72% |
| TK Taro Kuriyama Axq Capita LLP | 10,779 | $24,792 | $22,150.84 | -$2,641.16 | -10.65% |
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International Tower Hill Mines Ltd. Profile
| Metals & Mining Industry | Materials Sector | Karl L. Hanneman CEO | AMEX Exchange | 46050R102 CUSIP |
| CA Country | 3 Employees | 30 Aug 2010 Last Dividend | - Last Split | - IPO Date |
Overview
International Tower Hill Mines Ltd. is a mining company focused on the acquisition, exploration, and development of mineral properties, primarily concerned with gold. Founded in 1978 and undergoing a name change from Tower Hill Mines Ltd. to International Tower Hill Mines Ltd. in March 1991, this company has established its headquarters in Vancouver, Canada. It specializes in identifying and advancing precious metal projects, with a key interest in the Livengood gold project located to the northwest of Fairbanks, Alaska. This project encompasses an area of approximately 19,546 hectares, indicating a significant potential for gold mining operations.
Products and Services
- Acquisition of Mineral Properties
International Tower Hill Mines Ltd. excels in acquiring promising mineral properties. This involves the strategic identification, analysis, and procurement of land areas rich in mineral resources, mainly gold. The company leverages its expertise to select areas with high potential for successful mineral extraction, focusing on regions offering significant growth opportunities.
- Exploration Services
Exploration is a critical component of International Tower Hill Mines Ltd.'s services, entailing detailed geological studies to ascertain the viability and extent of mineral deposits within their properties. These services are executed by a team of experienced geologists and mining experts who employ a range of modern techniques and technologies to accurately assess the potential of each site. The goal of exploration is to precisely identify the location, quantity, and quality of mineral deposits for future development.
- Development of Mineral Properties
Upon successful exploration, International Tower Hill Mines Ltd. embarks on the development of identified mineral properties. This phase transforms the explored sites into fully operational mining projects. Development activities include the planning and construction of mine infrastructure, procurement of necessary mining equipment, and implementation of operational strategies. The primary objective is to efficiently extract minerals, especially gold, from the acquired properties, thereby contributing to the company's growth and sustainability.
