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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. > Nice share price
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Post by UNKLAL on Dec 13, 2021 11:27am

Nice share price

movement!!! The problem is that the parties involved in getting the show on road have only agreed to continue talking, so nothing concrete has been concluded. I say this because ETG isn't part of the negotiation or their shares would have poped as well today. JMO UNKLAL
Comment by Countrygent on Dec 13, 2021 6:38pm
  I'd say it's pretty clear Rio has a deal in hand with the Mongolians to finalize stability, power supply, financing, and commence undercutting at Hugo North.  Needs ratification in Mongolia though, which will not be a problem. As for ETG, the net give-away of 34% of TRQ's OT assets at a zero price may not be translatable to ETG because of the wording of the Earn-in on ...more  
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