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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 Whatr_udoingon Oct 02, 2013 3:12pm
156 Views
Post# 21785427

I don't agree with the GOM

I don't agree with the GOMConsidering that the GOM did not invest directly upfront for their 34% interest in the project they should pay their fair share of any valid cost overruns. Changing the management fee of the IA will delay the project even further. Neither was there anything concrete that came out of the GOM's special session that I saw. 
Add in the China customs bottleneck and there's still much to be settled in the next three months.
HOLD
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