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Turquoise Hill Resources Ltd. TRQ


Primary Symbol: 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 80 km north of the Mongolia-China border. The company also holds interests in companies that mine...


TSX:TRQ - Post by User

Post by Bankorruptseeon Jul 29, 2013 5:25pm
253 Views
Post# 21637558

The market is just cattle herding.

The market is just cattle herding.TRQ is like any other cattle farm. A rising price is like an open gate attracting more and more retail cattle. The more cattle rush in, the more that it looks appealing to the remaining cattle.

Once the stock hits the high, pre-decided  upon by the herdsman in the shadows, then the gate is shut and it's slaughter time.

Right now, the slaughter is in the final part. The last bunch of cows getting turned into hamburger.

Bad idea to be a cow and try to jump the fence and hope to make it out alive. (falling knife)

In some cases, after all the cows are gone, they burn the ranch. That could happen here as RIO manufactures wealth for themselves.
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