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Turquoise Hill Resources Ltd. T.TRQ

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border. The company also holds interests in companies that mine...


TSX:TRQ - Post by User

Comment by Straiteon Apr 30, 2019 11:30pm
141 Views
Post# 29692783

RE:RE:RE:Any News on TRQ? Thoughts Anyone?

RE:RE:RE:Any News on TRQ? Thoughts Anyone?What's your toughts on a potential buyout from Rio and/or GOM? I suspect at these levels they could interested. Recall RIO put just over 3B for a majority 51% stake at a much earlier stage of the company. Minority stakes are worth less but still the company has grown since then. RIO could also be interested to make an offer just so they can stop bothering about institutional shareholders request and potentially reducing some costs associated with TRQ being public. I'm sure there are good arguments why they wouldn't buy the rest too. This buyout potential has been speculated since a long time too.
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