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International Tower Hill Mines (THM) plunged 54% today after the junior miner released a...

International Tower Hill Mines (THM) plunged 54% today after the junior miner released a feasibility study showing its $2.8B Livengood gold project in Alaska is not viable at current prices. THM had long promoted the benefits of Livengood: a friendly jurisdiction (Alaska), access to infrastructure and skilled workers, and 20M-plus oz. of gold resources.
Comments (2)
  • Exmember
    , contributor
    Comments (3) | Send Message
     
    Seems like a bit of an overreaction. What was the expectation?
    24 Jul 2013, 08:13 PM Reply Like
  • AKGEO4LIFE
    , contributor
    Comment (1) | Send Message
     
    Hello, first time poster :) i am a student at UAF near THM's hopeful mine site. Just curious does any of the data show that their site might be bought out or partnered with the local kinross Fort Knox mine? Just from a new investor stand point it would make sense they already have capital invested in equipment and a trained work froce thus knocking off a chunk of the up front costs.
    28 Jul 2013, 05:41 AM Reply Like
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