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Just keep a civil tongue on here and I won't sic God on ya. LOL
Well, three disappointing things today. HL, EGO and TRE were lame in the face of a huge jump in POG. I can't imagine Sinclair's company not taking part in a jump like that. Tells me something is amiss. I think the gaps from this morning may get filled before the miners get lit up again. The micro Jr's on the other hand have been most impressive.
"...Freedom of speech encouraged" Unless of course it's a comment on a stock filling a gap when you don't think it will! Love you back!
It was over 5 in January. Was it stupid to sell then and buy back near 4?? I think not.
I've never seen an r/s work out well for the previous holders, but ya never know.
Ooops! Make that 4.80 resistance. My bad.
Resistance is heavy @4.70. Should be interesting. If it breaks through, I'll raise my entry point.
Took profits this morning. Next order waiting @4.39. Ignore the gap if you will, but it's rare they don't get filled. Might be that once-in-a-lifetime rocket that just keeps going, but I don't plan on that kinda stuff. Sinclair's been saying the miners will explode for 2 years. Ain't happened yet! Look at TRE today. That big space around 5.25 begs to be covered. My order's waiting @5.27.
I haven't checked myself, but reports are that TRGD closed up 38% in Frankfurt. We'll see what tomorrow brings for the US market.
Testing the 200 would mean breaking the 6 month trend line. Not a good thing. Staying above 4.20 = good thing! Don't want to break that previous short-term double low but the market has a mind of it's own.
Issuing more shares it looks like.
One I've been holding and just added shares last week: IMR. They lost the court battle on their previous property BUT they got their 25 million investment back in cash. A 40 cent stock with a ton of cash. IMO, when they find a new property the current price will be a distant speck in the rear view mirror. No lifeguard on duty.
I agree, even with the mega shares outstanding, this is under-priced. Again, other miners have no better results or not even any property and they trade anywhere from .20-3 bucks. UXG has disappointing results and it's over 3. TRGD just came out with fair results and it's .40. IMR has no property at all (but 25 mil in cash) and it's @.40.
THMG really blossomed in the last two weeks. I was down about 30% for a while, but now in the green. It has a long way to go to catch up with GSPG and USPR though. No complaints!
I never bet the farm on a penny. The great thing about penny stocks is you don't have to. I nibble on 4-5 of 'em. I wouldn't lose sleep if all went to zero but as of right now, I'm up 6,000 percent on GSPG. 350% on USRP. 15% on THMG and down 20% on another one. Small bets, small risk, possible huge gains.
TRGD- New Area Yields High-Grade Gold Results From Surface and Underground Sampling at the San Miguel Project in Mexico
New Area Yields High-Grade Gold Results From Surface and Underground Sampling at
the San Miguel Project in Mexico
CHICAGO, IL, Feb 15, 2008 (MARKET WIRE via COMTEX) -- Tara Gold Resources Corp.
(PINKSHEETS: TRGD) (FRANKFURT: T8N) is pleased to announce assay results from
sampling of veins and breccias in the previously untested Guadalupe de Los Reyes
area in its San Miguel project, in the Guazapares Mining District, Mexico.
The San Miguel project is a joint venture between Tara Gold Resources Corp. (30%)
and Paramount Gold Mining Corp. (70%). Paramount is the operator of the
exploration program and provided this update.
The Guadalupe de Los Reyes area is inside the large rhyodacite dome complex that
is exposed between the San Miguel and Montecristo Zones. The higher precious
metals grades are associated with northeast and northwest trending fault zones,
which is consistent with our project exploration model. In this area, gold and
silver occur in quartz veins and hydrothermal breccias along the faults, as well
as in adjacent quartz veinlet stockworks and breccias. The principal structure is
exposed for approximately 100 meters along strike, and appears to continue under
cover to the northeast. The Guadalupe de Los Reyes mine is found on this
principal structure, and is the site of historic, small-scale, high-grade gold
production.
Sampling and geologic mapping are ongoing, tracing these and parallel structures
along strike, with the goal of defining drilling targets. These results are
particularly exciting because they indicate that this is a gold dominant part of
the system with excellent gold grades and high gold-to-silver ratios. As noted in
the table below, the mineralization exposed on the surface is several meters wide
with gold grades in the range of 3.7 to 6.6 g/t. Underground sampling of
accessible portions of the old Guadalupe de Los Reyes mine, down to a depth of 20
meters from the surface, included intervals with gold grades of up to 20.7 g/t.
Highlights of the assay results from Guadalupe de Los Reyes concession:
Surface samples:
Width (m)Au (g/t)Ag (g/t)
5.83.6935
5.46.6410
Underground samples (Guadalupe de Los Reyes Mine):
1.020.7030.0
1.018.4564.0
1.811.0534.0
Paramount has commented that, "These analytical results confirm the presence of
excellent gold grades across mineable widths in surface and near-surface
exposures within the dacite dome complex. They also seem to be pointing us in the
direction of a gold-dominant part of the system. These results further advance
our objective of discovering and developing more gold rich, high-grade bodies,
such as the ones in the San Miguel and San Luis Zones."
Quality Control
Samples were collected by Paramount from surface exposures and from shallow older
artisanal workings. They are channel samples rather than selected high grades
specimens. As part of quality assurance, quality control (QA/QC), Paramount has
put into place a detailed program of periodically introducing certified
standards, blanks and duplicates into the sample stream.
About Tara Gold Resources Corp.
Tara Gold Resources Corp. is a growth-oriented precious metals exploration and
development company with existing production plants. It is management's objective
to become a significant gold and precious metals producer by re-initiating and
increasing production levels at La Currita, Lluvia de Oro and Picacho, and
developing the San Miguel, La Millionaria, Las Minitas and Curcurpe projects in
Mexico. We continue to acquire other advanced-stage projects and/or producing
mines in one of the most prolific precious metal districts in the world. For more
information, please visit the Company's web site at:
http://www.TaraGoldResources.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained herein which are not historical are forward-looking
statements that are subject to risks and uncertainties that could cause actual
results to differ materially from those expressed in the forward-looking
statements, including, but not limited to, certain delays beyond the company's
control with respect to market acceptance of new technologies or products, delays
in testing and evaluation of products, and other risks detailed from time to time
in the Company's filings with the Securities and Exchange Commission.
Contact:
Tara Gold Resources Corp.
Website: http://www.TaraGoldResources.com
Francis R Biscan Jr
Phone: 630-462-2079
E-mail: president@taragoldresources.com
SOURCE: Tara Gold Resources Corp.
http://www.TaraGoldResources.com
mailto:president@taragoldresources.com
Copyright 2008 Market Wire, All rights reserved.
God, I noticed yesterday that HL broke it's downtrend. It tends to lead the miners. It broke down about a week before all the others on this last dip. Now it's perked back up. Might not be a 100% sure bet, but judging history, I picked up a bunch of GLD today with a tight stop. On another note, managed to get my order filled on GSS at the exact low today. Just lucky. Had the order in for almost a week. Sold it @3.85 for a quick buck. I had an order in for CDE @4.26 but it didn't quite get there. Originally wanted to pick it up @4.14 but gears reversed today so bumped it up a few cents. Maybe tomorrow might have to not nickel and dime it. Just jump in. Depends on the DOW and POG open.
I think I hear an echo.
Ooops, put a zero behind those decimals!
So far, I've seen nothing but normal pullbacks landing right where the chart dictates. Next target is .15 for adding shares. If it dips below .13....that's when I'll worry.
Ahem. 907
A 39 cent stock with 25 million cash. IMA's Treasury Now at CDN $25,000,000
IMA's Treasury Now at CDN $25,000,000
VANCOUVER, BRITISH COLUMBIA, Feb 12, 2008 (MARKET WIRE via COMTEX) -- IMA
Exploration Inc. (CA:IMR)(IMR)(FRANKFURT: IMT)(WKN 884971)(BERLIN: IMT) ("IMA" or
the "Company") confirms that as per the interim project development agreement
with Aquiline Resources, IMA has received the restitution of the balance of CDN
$18,500,000. These funds represent the mutually agreed amount that IMA expended
to develop the Navidad project to the completion of pre-feasibility study. With
the receipt of these funds, IMA now has in excess of CDN $25,000,000 which
equates to approximately CDN $0.48 per share. IMA's share price closed at CDN
$0.38 per share on February 11, 2008, trading at approximately a 20% discount to
cash.
Senior management and the technical team are continuing with advanced stage
negotiations to secure projects that fit IMA's business model. The Company's
model is to acquire advanced stage exploration projects with drill indicated
resources that also contain untested mineralized extensions or new zones that can
provide additional exploration potential. IMA's significant treasury combined
with the Company's proven fund raising ability puts it in a strong position to
rapidly build its property portfolio, making IMA a compelling investment
consideration.
For over 15 years management has established an impressive network of contacts in
the resource sector that extends throughout North and South America. As seasoned
explorers, it was the Company's team that discovered Navidad and played a major
part in the discovery the Gualcamayo gold deposit, which Yamana is planning to
put into production in 2008. This team is now focused on seeking a range of
exciting new exploration properties and the Company is confident that it can
rapidly build shareholder value.
ON BEHALF OF THE BOARD
Mr. Joseph Grosso, President & CEO
Cautionary Note to U.S. Investors: This news release may contain information
about adjacent properties on which we have no right to explore or mine. We advise
U.S. investors that the SEC's mining guidelines strictly prohibit information of
this type in documents filed with the SEC. U.S. investors are cautioned that
mineral deposits on adjacent properties are not indicative of mineral deposits on
our properties. This news release may contain forward-looking statements
including but not limited to comments regarding the timing and content of
upcoming work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore involve inherent risks and
uncertainties. Actual results may differ materially from those currently
anticipated in such statements.
2008 Number 1
The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or the accuracy of this release.
Contacts:
IMA Exploration Inc.
Joseph Grosso
President & CEO
(604) 687-1828 or Toll Free: 1-800-901-0058
IMA Exploration Inc.
Sean Hurd
Vice President, Investor Relations
(604) 687-1828 or Toll Free: 1-800-901-0058
(604) 687-1858 (FAX)
Email: info@imaexploration.com
Website: http://www.imaexploration.com
SOURCE: IMA Exploration Inc.
mailto:info@imaexploration.com
http://www.imaexploration.com
Copyright 2008 Market Wire, All rights reserved.
A trade of 49K is a pimple on the @ss of this stock. Besides, AH means nothing since it doesn't have an AH market.
Precisely why my target to add shares is .15.
Or when Sinclair stops doing charts on the miners! LOL
As predicted, here comes the gold sales. They sell it every year. Sinclair says it doesn't effect the market every year. It goes down every year. Maybe this year will be different, but I wouldn't bet on it.
FYI: I read Sinclair everyday but he's only for those who are very long and those who are very rich.
Well, for the long run that's basically true, but some of us like to sell some to by more cheaper as it meanders up. It has been known to trade sideways for 6-8 months at a time. Homey don't play that but you go for it big guy!
Yes, but it's not the US that usually sells it. It's the others. That's not the only factor that makes me think we MAY get a correction soon. Only on piece of the puzzle. I'm not saying it will, it may.
One more to think about. The miners are SUPER weak in light of the super spike we're having in POG. Sure, a few have reached new highs, but some of the previous leaders are way down and not following POG. They've been trading sideways as of late. Mixed signals indeed.
Need to be careful for two reasons: The G7 meetings often come away with the CBs agreeing to stomp on gold. Next is what appears to be possibly a head and shoulders top forming on gold/silver. What we're seeing now COULD be a blow off top.
If the metals start to flag out instead of forming the right shoulder as they did a few weeks ago, then of course it's a different ball game.
A major turning point this week. I don't think another spike up is a slam dunk and neither to the Aden sisters.
If the right shoulder forms, I'm seeing a possible tank to 820-825 area. That would actually be healthy.
It's either sell shares or a reverse split to fund the drilling. PICK ONE.
I'll tell you what. Feel free to sit it out. Meanwhile, I see IMR with NO property @.38. UXG with weak drill results @3.50. TRGD @.38 after announcing that old reports can't be relied upon. I'm in since .003 and will hold a core position at least until/if there's an RS.
ITH Reports Initial Inferred Resource at Terra Project, Alaska
428,000 Tonnes @ 12.2 g/t Gold for 168,000 Contained Ounces of Gold with 23.1 g/t
Silver for 318,000 Contained Ounces of Silver
VANCOUVER, BRITISH COLUMBIA, Feb 07, 2008 (MARKET WIRE via COMTEX) --
International Tower Hill Mines Ltd. ("ITH" or "the Company") - (TSX VENTURE:
ITH)(AMEX: THM)(FRANKFURT: IW9) is pleased to announce the results of its initial
mineral resource estimate for the Ben Vein deposit - the first of four known gold
vein systems on the Terra project in Alaska. Mineral Resource Services Inc. and
Giroux Consultants Ltd., each independent geological consultants, prepared the
estimate as at February 1, 2008 and in accordance with the guidelines set forth
in National Instrument 43-101. The independent study determined an initial
inferred resource estimate of 168,000 ounces gold and 318,000 ounces silver at a
cutoff grade of 5 g/t gold having an average grade of 12.2 g/t gold and 23.1 g/t
silver over an average 2.3 metre width (2-1 silver to gold ratio).
This resource estimate is the first of three that the Company has underway. The
other two are for the bulk tonnage deposits at the LMS and Livengood projects in
Alaska. The Company anticipates that each of these estimates will be completed in
the coming month.
Highlights from the Terra resource estimate include:
- The good continuity of the Ben Vein system.
- The open ended potential along trend and at depth.
- High gravity recoveries from initial gold characterization work.
- The high exploration potential along the 5 kilometre trend hosting numerous
other high-grade vein occurrences, some of which have had initial scout drilling
and returned numerous high-grade intersections deserving of follow-up drilling.
The Terra vein systems are classified as bonanza style from a shallow mesothermal
or deep epithermal setting. Recommendations include additional drilling to expand
the Ben Vein resource as well as testing numerous other targets along the main
trend. The Company is very pleased with the continuity and expansion potential
the Terra project has shown with only a limited amount of drilling and is
currently assessing how best to advance the deposit in relation to a number of
other high potential opportunities that it has in 2008.
Project Background
The Terra project is located in Alaska, 200 kilometres west of Anchorage. ITH has
earned a 60% interest in the Terra project from AngloGold Ashanti (USA)
Exploration Inc. (see NR07-27 for details).
Results of the Geological Review and Resource Estimate Calculation
Geological Review
On February 1, 2008 Giroux Consultants Ltd. and Mineral Resource Services Inc.
provided the Company with a final draft of their report on the Terra Project
which includes information from the mineral resource estimate calculation and
surface exploration from 2006 and 2007 (the "Report"). This information outlines
the principal controls and initial grade potential of the Ben Vein system, the
first of four know vein systems to be explored in detail. These drilling results
establish the continuity of the steeply dipping Ben Vein system and highlighted
its significant expansion potential. In addition, the Report confirms the need to
test other outlying targets along trend which have very similar characteristics
to the Ben Vein system and have returned similar high-grade vein intersections
from initial scout drilling. The high gravity recovery results (79% as native
gold; 10% gold in sulphide concentrate), from the initial gold characterization
studies are encouraging for the development of a high-grade low-cost process plan
for the deposit with minimal environmental impact.
High-grade gold mineralization is spatially associated with a Cretaceous diorite
intrusive suite (Donlin Creek age; 65-75 m.y.) that is exposed over a strike
length of approximately 8 kilometres. Surface samples have returned high-grade
gold values along a 5 kilometre portion of this trend from the Ice Vein system in
the south to the Fish Creek vein system in the north (the Ben Vein deposit is in
the middle). Gold in the Ben Vein deposit occurs as native gold and electrum with
associated silver minerals.
Resource Estimate Calculation
The inferred mineral resource for the Ben Vein deposit is based on 20 drill holes
covering approximately 350 metres of strike length and 250 metres down dip. All
twenty holes intersected the vein structure and mineralization remains open to
the north and at depth. Three gold assays were capped at 82 g/t gold and three
silver assays were capped at 267 g/t silver. One metre composites were formed and
modelled using semivariograms. Bulk density was established from samples sent to
ALS Chemex and a specific gravity of 2.66 was used for vein material while 2.80
was used for diorite. Blocks 5 metres east-west by 10 metres north-south and 10
metres vertical were estimated by ordinary kriging.
Table I: Ben Vein Zone Inferred Mineral Resource Estimate(i)
INFERRED RESOURCE WITHIN 1.0 g/t Gold SHELL
----------------------------------------------------------
GoldTonnes greaterGrade greater
Cutoffthan Cutoffthan CutoffContained Metal
----------------------------------------------------------
GoldSilverGoldSilver
(g/t)(tonnes)(g/t)(g/t)(oz)(oz)
----------------------------------------------------------
5.00428,00012.2023.11168,000318,000
----------------------------------------------------------
6.00402,00012.6424.02163,000310,000
----------------------------------------------------------
7.00383,00012.9524.72159,000304,000
----------------------------------------------------------
8.00364,00013.2225.33155,000296,000
----------------------------------------------------------
9.00335,00013.6326.50147,000285,000
----------------------------------------------------------
10.00292,00014.2227.97134,000263,000
----------------------------------------------------------
(i) Mineral resources which are not mineral reserves do not
have demonstrated economic viability. The estimate of
mineral resources may be materially affected by
environmental, permitting, legal, marketing, or other
relevant issues.
Qualified Persons and Quality Control/Quality Assurance
The work program at Terra was designed and is supervised by Dr. Russell Myers,
Vice President of Exploration, Talon Gold (US) LLC (a wholly owned subsidiary of
ITH responsible for carrying out the Company's exploration programs), who is
responsible for all aspects of the work, including the quality control/quality
assurance program. On-site personnel at the project photograph the core from each
individual borehole prior to preparing the split core, which is then sealed and
shipped to ALS Chemex for assay. ALS Chemex's quality system complies with the
requirements for the International Standards ISO 9001:2000 and ISO 17025: 1999.
Analytical accuracy and precision are monitored by the analysis of reagent
blanks, reference material and replicate samples. Quality control is further
assured by the use of international and in-house standards. Finally,
representative blind duplicate samples are forwarded to ALS Chemex and an ISO
compliant third party laboratory for additional quality control.
Dr. Paul D. Klipfel, Ph.D., AIPG, a consulting economic geologist employed by
Mineral Resource Services Inc., has acted as the Qualified Person, as defined in
NI 43-101, for the exploration data and supervised the preparation of the
technical exploration information on which some of this news release is based.
Dr. Klipfel has a Ph.D. in economic geology and more than 28 years of relevant
experience as a mineral exploration geologist. He is a Certified Professional
Geologist (CPG 10821) by the American Institute of Professional Geologists. Both
Dr. Klipfel and Mineral Resource Services Inc. are independent of the Company
under NI 43-101.
Mr. Gary Giroux, MASc., P.Eng (B.C.), a consulting geological engineer employed
by Giroux Consultants Ltd., has acted as the Qualified Person, as defined in NI
430-101, for the Giroux Consultants Ltd. mineral resource estimate. He has over
30 years of experience in all stages of mineral exploration, development and
production. Mr. Giroux specializes in computer applications in ore reserve
estimation, and has consulted both nationally and internationally in this field.
He has authored many papers on geostatistics and ore reserve estimation and has
practiced as a Geological Engineer since 1970 and provided geostatistical
services to the industry since 1976. Both Mr. Giroux and Giroux Consultants Ltd.
are independent of the Company under NI 43-101.
The Report will be finalized and filed on SEDAR within 45 days of the date of
this news release.
Investor Relations Agreements
The Company has retained the Florida-based firm of National Media Associates,
Inc. ("NMA") to conduct media awareness and investor relations programs on behalf
of the Company, effective February 1, 2008. Headed by Mr. George Duggan, NMA is a
long-term media-relations specialist in the natural resource and gold exploration
sectors. NMA will receive a monthly fee of USD 3,000 for an initial period of one
year, and the agreement may be renewed on mutually agreeable terms thereafter.
Pursuant to the agreement, the Company will also grant NMA 100,000 incentive
stock options to NMA, at an exercise price of CAD 2.15 per share, exercisable for
a period of two years. The options are subject to vesting requirements, whereby
25% will vest after three months, and an additional 25% will vest each three
months thereafter. The options will expire 30 days after the termination, for any
reason, of the agreement. Neither NMA nor its principals, directly or indirectly,
presently own any securities of the Company.
The Company had previously retained the Phoenix area firm of Glenn Shand and
Associates LLC ("GSA") to assist the Company in disseminating information with
respect to the Company and its activities to existing and potential shareholders
and to keep the investment community informed with respect to the activities of
the Company, effective June 1, 2007. Headed by Mr. Glenn Shand, who has over 21
years experience in the investor relations business, GSA provides investor
relations services to companies in the natural resource sector. The agreement
with GSA is for an initial one year period, subject to renewal by mutual
agreement. GSA does not receive any cash consideration, but has been granted
incentive stock options to acquire up to 200,000 common shares at an exercise
price of CAD 2.95 per share, expiring on May 23, 2009. The options are subject to
vesting requirements, whereby 25% vested after three months, and an additional
25% vesting each three months thereafter. The options will expire 30 days after
the termination, for any reason, of the agreement. Mr. Glenn Shand owns 37,500
common shares of the Company. GSA does not, directly or indirectly, presently own
any securities of the Company (other than the foregoing options).
About International Tower Hill Mines Ltd.
International Tower Hill Mines Ltd. is a resource exploration company, focused in
Alaska and Nevada, which controls a number of exploration projects representing a
spectrum of early stage to advanced gold discoveries. ITH is committed to
building shareholder value through new discoveries while maintaining a majority
interest in its holdings, thereby giving its shareholders the maximum value for
their investment.
On behalf of INTERNATIONAL TOWER HILL MINES LTD.
Jeffrey A. Pontius, President and Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 27E of the Exchange Act. All
statements, other than statements of historical fact, included herein including,
without limitation, statements regarding the anticipated content, commencement
and cost of exploration programs, anticipated exploration program results, the
discovery and delineation of mineral deposits/resources/reserves, business and
financing plans and business trends, are forward-looking statements. Information
concerning mineral resource estimates also may be deemed to be forward-looking
statements in that it reflects a prediction of the mineralization that would be
encountered if a mineral deposit were developed and mined. Although the Company
believes that such statements are reasonable, it can give no assurance that such
expectations will prove to be correct. Forward-looking statements are typically
identified by words such as: believe, expect, anticipate, intend, estimate,
postulate and similar expressions, or are those, which, by their nature, refer to
future events. The Company cautions investors that any forward-looking statements
by the Company are not guarantees of future results or performance, and that
actual results may differ materially from those in forward looking statements as
a result of various factors, including, but not limited to, variations in the
nature, quality and quantity of any mineral deposits that may be located, the
Company's inability to obtain any necessary permits, consents or authorizations
required for its activities, the Company's inability to produce minerals from its
properties successfully or profitably, to continue its projected growth, to raise
the necessary capital or to be fully able to implement its business strategies,
and other risks and uncertainties disclosed in the Company's annual report on
Form 20-F filed with the United States Securities and Exchange Commission (the
"SEC"), and other information released by the Company and filed with the
appropriate regulatory agencies. All of the Company's Canadian public disclosure
filings may be accessed via http://www.sedar.com and its United States public
disclosure filings may be accessed via http://www.sec.gov, and readers are urged
to review these materials, including the technical reports filed with respect to
the Company's mineral properties, carefully.
Cautionary Note Concerning Reserve and Resource Estimates
This press release and other information released by ITH uses the terms
"resources" and "inferred resources". United States investors are advised that,
while such terms are recognized and required by Canadian securities laws, the SEC
does not recognize them. Under United States standards, mineralization may not be
classified as a "reserve" unless the determination has been made that the
mineralization could be economically and legally produced or extracted at the
time the reserve determination is made. Mineral resources that are not mineral
reserves do not have demonstrated economic viability. United States investors are
cautioned not to assume that all or any part of inferred resources will ever be
converted into reserves. Inferred resources have a great amount of uncertainty as
to their existence and as to whether they can be mined legally or economically.
It cannot be assumed that all or any part of the inferred resources will ever be
upgraded to a higher category. Therefore, United States investors are also
cautioned not to assume that all or any part of the inferred resources exist, or
that they can be mined legally or economically.
National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI
43-101") is a rule developed by the Canadian Securities Administrators which
established standards for all public disclosure an issuer makes of scientific and
technical information concerning mineral projects. Unless otherwise indicated,
all reserve and resource estimates contained in this press release or released by
ITH in the future, have been or will be prepared in accordance with NI 43-101 and
the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards
on Mineral Resource and Mineral Reserves, adopted by the CIM Council on November
14, 2004 (the "CIM Standards") as they may be amended from time to time by the
CIM. United States shareholders are cautioned that the requirements and
terminology of NI 43-101 and the CIM Standards differ significantly from the
requirements and terminology of the SEC set forth Industry Guide 7. Accordingly,
the Company's disclosures regarding mineralization may not be comparable to
similar information disclosed by companies subject to the SEC's Industry Guide 7.
This press release is not, and is not to be construed in any way as, an offer to
buy or sell securities in the United States.
The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of the contents of this press release, which has been
prepared by management.
Contacts:
International Tower Hill Mines Ltd.
Quentin Mai
Vice-President - Corporate Communications
Toll Free: 1-888-770-7488 or (604) 683-6332
(604) 408-7499 (FAX)
Email: qmai@internationaltowerhill.com
Website: http://www.ITHmines.com
SOURCE: International Tower Hill Mines Ltd.
mailto:qmai@internationaltowerhill.com
http://www.ITHmines.com
Copyright 2008 Market Wire, All rights reserved.
Could see POG near 825 in the near term. Maybe.
Soon to be 8.45 which is where I'll pick it up again. At least for the short term.
The motherlode? Let's keep it in perspective. TRGD has zero proof of anything in the ground and it's @.35. UXG has yet to have decent drill results it's over 3 bucks and went as high as 10! Many others are the same. So......
My order for 4.15 has been waiting for weeks. Hope to get it filled in the AM.
I'll add @.015 if it should head down there.
There's the news. So, I know of miners with absolutely zero proof of what they have in the ground that are in the 40 cent range. What should happen here?
Order's in for 8.65.