The majority of billionaire financiers develop big stakes in business with tested profits streams. John Paulson is doing the reverse.
A Huge Stake In A Pre-Revenue Miner
According to current filings, Paulson & & Co. owns about 99.6 million shares of International Tower Hill Mines. That stake represents approximately 48% of the business’s impressive shares.
The position is presently valued at about $304 million and represent more than 9% of Paulson & & Co’s equity portfolio, making it among his biggest holdings.
The financial investment has actually likewise paid up until now. Paulson has actually invested approximately $89 million developing the stake with time, indicating the position has actually created a gain of more than 240%.
A Decade-Long Build-up Method
Paulson’s financial investment in the business goes back more than a years.
His very first purchase of International Tower Hill Mines shares can be found in 2013, and he has actually gradually contributed to the position through several purchases throughout the years.
Most just recently, he increased his stake once again in January 2026, purchasing countless extra shares in 2 different deals.
The duplicated purchases recommend the financier stays positive in the long-lasting capacity of the business’s flagship possession.
Betting on Alaska’s Livengood Gold Job
International Tower Hill Mines is concentrated on establishing the Livengood Gold Job in Alaska, which ranks amongst the biggest undeveloped gold deposits in The United States and Canada.
The business presently creates no profits since the task is still in the advancement stage, with work fixated expediency research studies, allowing and ecological evaluations required to ultimately bring the mine into production.
For financiers, that implies the stock represents an extremely speculative bet on the task’s future worth.
For Paulson, nevertheless, the technique appears clear: a long-lasting wager that a person of The United States and Canada’s biggest untapped gold resources will become worth much more as soon as the mine relocations more detailed to production.
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