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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

Post by petrojellon Dec 18, 2014 2:01am
237 Views
Post# 23243096

December 17, 2014...., 05:53pm

December 17, 2014...., 05:53pmcountryg wrote..,

some explanations of what has happened -

.."they got upfront money and started overspending"..

.."absolutely ripping-off OT on all kinds of domestic "preferred" supply deals which accounts for a good part of the cost escalation"..

.."turn to the Chinese for more money, especially now the Russian tap looks to be rusted"..

.."Drives me nuts when there is a suggestion of foreigners doing well at OT"..



petro reply...,

Rightooo.

just lik most westrn govts., in partculr Ontario..., look at that ongrowng $$$ defict..?!  Spendng money they dont hav nd borrwng frm futur generatons..    

domstc suppl deals lik yak milk, rice bowls, buns, lmb chps, mongo-stew, yurts., Meanwhl it was RIO that basd ther yrly mangmnt fee $$$ on projct expendturs
(explns why RIO didnt giv 2sh*ts about projct expndtrs, costs)

a contry lik Canada trns to USA econmy 4 mor $$$$. Wht happns whn US in ecnomic crisi (sinc 2008) Cnd turn to makng igloos...??!  Canda suffrs BIG time.., helllo mamaaa Britin., doubt it

its calld knwng how to invst in Mongolia, whch u dont knw of. Its also a lrge prt of buildng 4 the futur of Mongolia, whch u dont knw of... As 4 ur nuts ..., kep scratchng thm whle thr there
( damm goood $$ 4 forgn engrs., trads., mangrs..)


anothr CG jrk reprt...IMO.... nd gordshw eats it up


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