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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 msillusionon Apr 04, 2013 3:08pm
197 Views
Post# 21212102

RE: RE: RE: RE: Sucking sound!!!

RE: RE: RE: RE: Sucking sound!!!

On BNN TV yesterday, The Close, Business Sense and on-off elsewhere, the hosts and guests talked about Sell Canada by traders south of the border. That's why commodities and resource stocks are so depressed. It is not clear when selling will stop.

The low on Thurs. is C$5.99. It is the price those days when RIO first got involved and no development works had done. Now TRQ is close to completion of the mine and production will start. None of this is reflected in the price. When is Mongolia going to wake up and stop dragging their feet?

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