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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

Comment by spstockson Nov 08, 2014 10:02am
230 Views
Post# 23109714

RE:RE:RE:RE:RE:Value Trading

RE:RE:RE:RE:RE:Value TradingI doubt RIO would make any offer at this stage. Until there is a concrete agreement with GOM on OT ph2, RIO will play dumb while taking the profits on the other side. GOM says it is in the hands of RIO, RIO says otherwise. This drama continues and not sure how the new GOM will want to play with this. If RIO stock price is taking impact then i think RIO will move the pawns much faster and make it a deal. All are playing at the cost of TRQ share holders. I am wondering why institutional investors of $TRQ are keeping silent on this issue although the TRQ is partially owned by RIO. 
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