Bullboard - Stock Discussion Forum Turquoise Hill Resources Ltd. T.TRQ

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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

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Turquoise Hill Resources Ltd. > Look at it this way

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Post by Skip57 on Nov 24, 2022 2:17am

Look at it this way

RIO pays $43 to 2/3 of minority and double to 1/3. Therefore cost is $57.33 per share which is approximately 10% over book and 33% over current offer. Seems acceptable to me.

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Comment by Countrygent on Nov 24, 2022 6:01pm

Skip, I wish you well but I would take that opinion with a grain of salt. Pentwater has a separate action going in NY. They can take 'the same' as other dissenters on the dissent side and load up on the other settlement. TRQ won't even be a reporting issuer after the vote goes through. These guys have shown their colours, the Rio view is beat up the little guy. ...more

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