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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 Jan 28, 2014 4:30am
132 Views
Post# 22140831

RE:RE:RE:RE:RE:RE:China slows down

RE:RE:RE:RE:RE:RE:China slows downExactly! Opt-out! Reading this bullboard without the noise of petro "posts" is better and saves time. I still don't understand why some waste their time answering that guy and his clones. Something else about Mongolia: There is much more hot money trying to go into Mongolia than what Mongolia does need, so even if GOM does not do great what it gets may still keep it afloat anyway. Then we know how herding affects financial markets. Once motion is visible many would tag along. (Some on the ground are already clearly moving as fast as they can to invest...before it turns crowded ...and difficult to focus and close.) That being said it's better, much better on the GOM side, and I think a turn happened last week of November during the roadshow ..at least at president, PM, Saikhanbileg,... levels... They got the point that as expected FIL will not trigger a surge in FDI...while paving the way for MT and LT and that the samurai would just be good enough to plug some FX holes for a while. Real triggers for short term reactions would be OT I / OT 2 / 106 licenses. That they get. So it takes a bit of time for those decision makers to pass the message down and on the side. There are other kind of positive changes happening too. One of them is "communication", even on the MPs side. Seems less and more controlled...at least!
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