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Turquoise Hill Resources Ltd. T.TRQ

Metals & Mining Industrial Metals & Minerals
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

Turquoise Hill Resources Ltd.
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Post by TWinvestmentson Jan 17, 2014 12:01pm
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Post# 22104135

Help please. I'm worried about TRQ

Help please. I'm worried about TRQhttps://www.google.ca/finance?q=TSE%3ATRQ&fstype=ii&ei=El_ZUuj3LqiciQKzYw

According to TRQ's most recent financial reports, the company has been losing $300 in net income every year for the past 6 years!
I'm worried, why is this company losing so much money every year? When will it actually turn a profit??
Also, apparently TRQ has a market cap of over $8billion but it doesn't even have enough share holder equity to cover it!
What is going on??
And why is it crashing like crazy today??
And why are institutions dumping all their shares??
Can somebody please explain to me what is going on?
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