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Big Al comments on Intervational Tower Hill Mines

Big Al
July 30, 2013

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Please read the entire press release pertaining to ITH by clicking here.

Discussion
7 Comments
    Jul 30, 2013 30:31 AM

    Gold price appears to be in the final stage of a classical asymmetric pennant pattern. This is a strong bullish pattern that usually moves rapidly to the upside after breaking above the resistance, which in this case is around 1330. Use 1 month candlestick.

    Jul 30, 2013 30:49 AM

    aaaa all tank u

    Jul 30, 2013 30:01 AM

    I looked at some of this info a couple weeks ago. I think gold will hit $1500, so, I figure ITH will turn out ok.

    Jul 30, 2013 30:48 PM

    Al;

    No apologies needed for not reporting much about ITH lately; Franky has kept us all well informed.

    Jul 30, 2013 30:12 PM

    This reminds me of the commentary we received on Premium Exploration.
    Staying with it to the bitter end regardless of seemingly bad news!?!

    Sep 13, 2013 13:34 PM

    Al, if you read the 43-101 you will see that THM is marginally profitable at $1500 oz. gold. When I say marginal I mean a 11 year IRR at 1.7%! Hell at $2000 oz they are at 4.6 year payback earning 14.1%! IRR. No one is going to develop this mine knowing those figures. I feel your pain with a 90% loss, I’m getting out at a 50% loss.

      Sep 15, 2013 15:32 PM

      Part of the world I live in Kurt!