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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

Comment by Whatr_udoingon Jul 31, 2017 1:50pm
110 Views
Post# 26529556

RE:RE:4.7M Shares?

RE:RE:4.7M Shares?You might be right. Somebody has been accumulating. Could also be an earnings surprise or short covering, but I doubt it given the huge volumes on no news. The attempts to shake loose some shares have been half-hearted. Mostly it appears they've been accumulating between the bid and offer as the SP slowly rises. TRQ is still way undervalued tho short-term overbought. IMHO GLTA
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