Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

International Tower Hill Mines: A Successful Optimization Plan Can Send Shares Soaring

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,...

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