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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 WindsorGuy on Oct 31, 2022 12:35pm

Risk vs Reward

In a few days we will get voting results. I voted yes and the odds of success are better than 50/50 the offer will be accepted. I'm not selling. Over 10% upside. GLTA
Comment by UNKLAL on Oct 31, 2022 3:06pm
Keep pumping this bid, but at the end of the day it's dead in the water, you will however receive double minimum what this stink bid amounted to!!! UNKLAL
Comment by Sooner on Oct 31, 2022 3:22pm
haha!!! That's hillarous --- so you think they got the yes vote locked in .....so that's the reason to extend the voting deadline? Who makes the decision to extend? The same people who are praying for Yes vote...right? So how do you think the vote is going.... methinks its a No or they would be running elbows and #%ssholes to close voting when it was supposed to and announce the yes....
Comment by Skip57 on Oct 31, 2022 3:28pm
WindsorGuy:  You state that "the odds of success are better than 50/50".  Is this a gut feeling or do you have analysis to back your conclusion?  The fact that the deadline has been extended points to voter participation is lacking.  Recall that the lower the participation, the lower the hurdle to defeat.  RIO obviously knows this and is desperate to get ...more  
Comment by WindsorGuy on Oct 31, 2022 5:01pm
Look at insider trading. Those who ae stating they will vote "NO" have been accumulating more shares. WHY?
Comment by Skip57 on Oct 31, 2022 5:41pm
They are simply strengthening their hand where at some point down the road after a "NO", they will dictate a "fair" price.  RIO will have to meet this price or give up on buyout.  If the "YES" succeeds, they make a short term profit or if they have filed dissent rights, have more shares bought on the cheap to go before the courts.  If I had the means, I ...more  
Comment by WindsorGuy on Nov 01, 2022 10:51am
I still believe they will vote "YES" and make a quick profit. $43.00 is still a long wat to go even after the jump today. GLTA
Comment by Consvestor on Nov 01, 2022 4:25pm
Thay obviously do not have the votes!  This move reeks of desparation.  Pay up Rio!
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