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Bullboard - Stock Discussion Forum 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... see more

TSX:TRQ - Post Discussion

Turquoise Hill Resources Ltd. > Whats happening here? 75 000 000 sharde traded ?
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Post by Fiauch1 on Feb 19, 2019 1:11pm

Whats happening here? 75 000 000 sharde traded ?

Eom
Comment by Straite on Feb 19, 2019 1:53pm
Also wondering. Anyone know who bought and who sold? Same entity or different?
Comment by mrpancake on Feb 19, 2019 2:04pm
12:20:47 T 2.32 0.07 73,607,600 7 TD Sec 7 TD Sec
Comment by thebiglebowski on Feb 19, 2019 7:31pm
I think it was a huge order. The entity scooped up all shares between  2.25 and 2.48 . I believe a buy order was put in at 2.48 and anything below that was for sale when to the buy order.
Comment by HouseSpeaker007 on Feb 19, 2019 9:15pm
These were cross trades between one or two houses. The firm did not buy 75 million shares from retail in a .20 cent range. 
Comment by theSwede99 on Feb 20, 2019 3:53pm
Based on yesterday's volume and the upside potential for copper, is this what shareholders can expect?: A copper mine in Mongolia. Controlled by Rio Tinto (RIO-N). One of his favourite positions. Scores at the top of the pack on valuation. Great balance sheet with a ton of excess cash. Going into production a couple of years out. One of the lowest cost copper producers globally with one of ...more  
Comment by thebiglebowski on Feb 21, 2019 2:21pm
We can't forget that they have a nice gold credit which will be a very nice kicker in a pm bull market.
Comment by Sleeperz1 on Feb 20, 2019 10:19pm
This post has been removed in accordance with Community Policy
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