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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 materialguyon Mar 08, 2018 12:16pm
194 Views
Post# 27683921

naysayers

naysayers
Because Mongolia took a bailout from IMF, they can not do anything idiotic to TRQ. The IMF knows TRQ is only source of revenue to repay their loan. Mongolians have already paid 70,000,000 to Khan for their nationalization of Khan resources. That is over 3,000 per Mongolian. RIO could point out this history but that might calm the stockholders into buying and raising TRQ price in TO.
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