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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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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...


TSX:TRQ - Post by User

Turquoise Hill Resources Ltd. > Money for nothing and their chicks for free.
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Post by TheRevelatoron Nov 28, 2019 8:42am
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Post# 30401298

Money for nothing and their chicks for free.

Money for nothing and their chicks for free.Like I said here comes those bloodletting Mongolians riding their horses spears In hand to the negotiating table.

Turquoise Hill: New Problems In Mongolia Won't Move The ...


There’s one thing that I found truly strange in the Reuters report. Apparently, the Mongolian side wants to have a special royalty but also to receive dividends sometime in the future (sooner rather than later, I guess). At the same time, the report states that the royalty should replace the 34% stake in the project. Dividends are for shareholders – how can you get dividends if you stop being a shareholder, or how can you stay a shareholder if you replace your stake with a special royalty? There are clearly more questions than answers on this issue.
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