International Tower Hill Mines (NYSEMKT:THM) is one of the more controversial gold stocks out there. On the one hand the company has a 20 million ounce deposit in Alaska at its Livengood Project while it trades with a market capitalization of just $64 million. This has prompted bullish sentiment, especially among gold bulls. After all, where else are you going to buy gold at just over $3/oz.?
On the other hand there is a very good reason that such a large deposit is being valued as such. Last year the company released a feasibility study that estimates that the project requires a much higher gold price in order to be economical. The following table, found in this study,...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|