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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

Post by Countrygenton Jun 20, 2013 4:58pm
245 Views
Post# 21558507

You have to laugh

You have to laughFirst, the now premature letter to the employees reminding them to remember safety - politically correct words for "no chugging the vodka please".Second the tiff about depositing sales receipts in Mongolia - how primative and paranoid can you get, or are they trying an old fashioned cash seizure pursuant to their ding dong DONK misreading of their own tax laws and ignorance of GAAP?Third, it really is a moment of great pride for all the TRQ employees, nationals and expat, and the government has turned what should have been a triumph into a farce. Hats off to the TRQ and RioT people who have to battle Donkdom dumkopfthought every working day.CG>
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