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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

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Post by UNKLAL on Aug 24, 2022 10:16am

$40.00 CDN.

is in my opinion still a low bid for the 49% RIO doesn't own. It should be more like $40 US at a minimum. jmo UNKLAL
Comment by opsd1 on Aug 24, 2022 12:29pm
Odd that it's trading around $38, and not closer to $40.
Comment by Consvestor on Aug 24, 2022 1:03pm
Yup.  I just bought more.  Not sure if the new bid will succeed, but one thing for sure is that Rio wants this badly, so this looks like a no brainer to me.
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