The Investment Doctor
Long/short equity, value, debt, base metals

International Tower Hill Mines: The Era Of Big Projects Is Over


In this article I'll have a closer look at International Tower Hill Mines (NYSEMKT:THM) which owns the Livengood gold project in Alaska, USA. As at first sight this project doesn't really look exciting at all and as I don't believe in buying a company for its metal in the ground without having a decent chance to mine it profitably, I will decide whether or not I was wrong by judging too fast.

Source: technical report

Even though this is a Canadian company, there's plenty of volume on its NYSEMKT listing with an average daily volume of approximately 200,000 shares which is actually higher than the volume on the Canadian exchange.

As always, all calculations made in this...

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