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Turquoise Hill Resources Ltd. 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 aldarion8484on Feb 21, 2013 4:37pm
287 Views
Post# 21024984

RE: RE: RE: UB Post ... Will Mongolia listen ?

RE: RE: RE: UB Post ... Will Mongolia listen ?

Really.  What is the necessity for the Canadian government to state that Mongolia can pass whatever laws it likes and Canadian companies have to abide by them?  In general, thats pretty obvious.  Do they think that if they molify and reassure the Mongolian politicans that business will go more smoothly? Lower the temperature of the dialog and so forth? Well, I've been ranting fanatically for a while, and maybe the Canadian government is playing this right, but it seems like they don't need to sound like they are hanging their own companies out to dry quite so much.  The tax revenue  that Canada stands to receive (I believe, I'm no expert on international tax law) from TRQ and others is substantial.  I don't think they need to pander to 'democratic values' at this moment, but as noted, maybe they know exactly what they're doing.

GLTA   

 

 

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