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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 Countrygenton Nov 18, 2022 12:52pm
177 Views
Post# 35110824

RE:RE:RE:RE:RE:RE:Not a sure thing by any stretch.

RE:RE:RE:RE:RE:RE:Not a sure thing by any stretch.

And you have my sincere best wishes Unkal.  At this stage my own holdings are too small, I'm deep in ETG.

But I most definitely will vote NO.

Copper price used by fairness opinion at TD too low.

Optionality of acceleration of Lift 2 HNE and Heruga too valuable.

JV exploration potential, and Licence Fees Agreement and ROFR over ETG Shivee West prospects too valuable.

Picked the rock bottom of the TD range of values.  Copper and gold price may rise in the next few months as well.  

No thanks Rio!

cg

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