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In a 13G filing on International Tower Hill Mines (NYSE: THM), hedge fund John Paulson’s Paulson & Co. disclosed a 19.8%, or 23,058,000 share, stake in the company. This is up 158.85% from the 8,908,000 shares held at the end of the latest quarter ending December 31, 2014. For more notable holders of International Tower Hill Mines stock click here. For more information on Paulson & Co. click here.
Business Summary
International Tower Hill Mines Ltd. (ITH) is mineral exploration company engaged in the acquisition and exploration of mineral properties. The Company holds or has the right to acquire interests in an advanced stage exploration project in Alaska referred to as the Livengood Gold Project. The Company controls 100% of the Livengood Gold Project with a mineral resource of 731 million measured tons. The Livengood property is located approximately 113 kilometers northwest of Fairbanks, Alaska in the Tolovana Mining District within the Tintina Gold Belt. The project area is centered on Money Knob.
Comment: I DON’T own any. Just got a news pop-up here. 52 cents, was $5.60 Jan 2012.