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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 marpincanon Feb 05, 2021 8:47am
231 Views
Post# 32482055

RE:Lets hope this isn't the future....

RE:Lets hope this isn't the future....
as they say - "it isn't over till its over" They all start off with a low ball bid and make the same statements. question is - how strong are the minority holders? In TRQ's case we have some very strong minority holders in Pentwater capital and Sailingstone. I beleive that under Canadian law, they hold enough shares to force arbitration should Tinto push a stink bid.
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