THM - Bullish Momentum buildingEarnings is coming. They closed an ATM offer. The cooper prices and most metal prices have increase. They have seen increased revenue from this. The earnings will be positive and beat expectations.
THM
THM - Risky Move - Trend Is Strong. Still Gains To Be HadInternational Tower Hill Mines Ltd.is a mineral exploration company. The Company is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. It operates through the exploration and development of mineral properties segment. The Company owns the Livengood Gold Project in Alaska, the United States. The Livengood Gold Project is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina Gold Belt. The Livengood Gold Project has a mineral resource of approximately 730 million measured tons at an average grade of over 0.61 gram/ton (g/ton), approximately 70 million indicated tons at an average grade of approximately 0.56 g/ton and over 260 million inferred tons at an average grade of approximately 0.52 g/ton.
SHORT INTEREST
653.75K 07/15/19
P/E Current
-26.79
P/E Ratio (with extraordinary items)
-28.91
Gold on the steroidCommercial Hedges exposure on gold are very strong. THM is gold on the steroid. 1. profit targent 1,15USD, 2. profit target 2,05USD.
THM: EXPECTING A BREAKOUT TO THE UPSIDETHM is in a corrective phase at the end of a descending wedge. I'm expecting a breakout to the upside. Potential gain above 30%.
SILVERSilver started a sell off, I thought the 38% retrace would hold so I kept all my mining positions. We had a tag of the 200sma overnight. I suspect that the low is in and we move higher from here.
