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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 tatekawaon Jan 02, 2004 11:30am
350 Views
Post# 6835071

RE: Why Sell?

RE: Why Sell?Sunfire had a nice record. It sold out to Tusk for about $61 million ($34,100 boe/d) which included 67,000 undeveloped acres. TRQ has a larger acreage position and a bunch of wells drilling. We think that it is a good shot for TRQ stockholders, but lets hope that Masters has more luck (and skill)than TRQ.
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