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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

Post by Countrygenton Jan 12, 2022 7:19pm
173 Views
Post# 34310740

Copper UP

Copper UP

 

A rise of over 6% the past 30 days, sharply today.

Which I believe helps a copper mine's profitability if it's a trend ... we have been sold there would be a structural deficit in the physical market for so many years, but forecasts are all over the map for this year,from slight surplus to material deficit.  Who knows, everything is so opaque and the global economy is driving over a bumpy Covid road ... but better UP than the other direction if you are invested in TRQ.

cg

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