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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 HF.mongol.khanon Nov 11, 2013 8:10pm
252 Views
Post# 21895844

RE:Re:RE:restatement

RE:Re:RE:restatement
If GOM is ready to DEAL with RIO, it'd better PROVE IT
because from their behavior (event recent) that does not seem so. Cheap words, NO action.

RIO has a new CEO since the beginning of 2013 and
this guy is unlikely to open the Pandora Box of Phase II and bring any concession on the table (that would put his future as a CEO at risk) u
nless he has a partner on the other side of the table
SERIOUSLY READY to DEAL and STICK TO WHATEVER IS SIGNED.


It may be frustrating for TRQ minority shareholders, but I think RIO's CEO has simply NO CHOICE. He has to wait for GOM to PROVE they mean business and are committed.


GOM has missed that opportunity in the first half of 2013
(a new CEO can always write off all kind of things and blame the previous guy)
and it can only blame ...GOM!






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