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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 spstockson Feb 18, 2015 10:39am
155 Views
Post# 23439368

RE:What's Next?

RE:What's Next?Sam walsh already denied to buy the govt's 34% stake in OT. Now, GOM has to go after other companies to take the stake and pay the royalties. In the current event of GOM's harsh punishments on southgobi employees, no foreign investor would dare to even think about it. If southgobi issue is resolved and the employees were let go, there will still be some light but who knows what is coming from these creeps ruling the state. Tough situation for the state and OT. Only Sam who is already holding a major stake can handle these DONKS with enough expertise in hand. I guess GOM may have to give some buy one get one offers or new year sale offers to lure the investors. what a crazy drama going on. 
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