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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 Hirk77on Dec 12, 2012 2:31pm
244 Views
Post# 20720804

RE: RE: From the IA contract

RE: RE: From the IA contract

A little different scenario here. Rio has spent billions of dollars and the mine is esentially finished and ready to go to production.

Can't imagine any of the parties involved allowing the cash flow to be stopped or delayed. I suspect that as it gets closer to start up a lot of the issues will melt away and we'll be left with a bunch of folks with their hands out...us included, of course.

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