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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 Rocckon Jan 06, 2013 7:38am
276 Views
Post# 20802725

RE: RE: RE: RE: Mongolia Reforms

RE: RE: RE: RE: Mongolia Reforms

Marpincan, I agree with your views but would add that all first year law schools teach their law students that contracts are written to be broken. Society around the world has become very litigious, especially in the United States. Doing business on a handshake is no longer the way of the world and requires individuals to constantly lawyer up. Unfortunately Honor is a thing of the past, Mongolia needs tax revenue and foreign investment, once they get a taste of the revenue, watch what happens to taxation and the size of their government. Let's get the new mining plan released, which should reveal the plan to aggressively go after the high grade, sooner rather then later.......

GLTA

Rocck

 

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