Turquoise Hill Resources Ltd. TRQ

Primary Symbol: T.TRQ

Metals & Mining Industrial Metals & Minerals

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...

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Turquoise Hill Resources Ltd.

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Comment by Whatr_udoingon Dec 02, 2013 3:56pm

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Post# 21961342

RE:RE:RIGHTS

Or you could look at the Book Value of $5.8B + $2.4B = $8.2B / 2B shares = $4.10
Thus the intrinsic value ot each Right is $1.70
There's no reason TRQ should trade at a discount to book especially now that they are cash flow positive and expected to show positve earnings in 2014.

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