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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 Mar 18, 2015 6:52pm
83 Views
Post# 23536197

RE:RE:TRQ Price Target USD $5.25 ?

RE:RE:TRQ Price Target USD $5.25 ?Its everyone's hope.. Soon that phase 2 will get resolved. GOM will say yes to it.... People of mongolia will get benefited... Rio puts an offer to take over remaining TRQ shares... all these sort of things. But no one can do anything about it. Its hard to pass this impasse where GOM neither ready to give a go ahead signal as it ran out of money nor able to sell it due to its wonderful hospitality that it can extend to the foreign investors. With one by one piece falling apart, this can hardly stay at this price for now. We the longs are getting frustrated and i am sure the big institutional investors as well. its all a speculation play for now. I am only holding my lot just to ensure that i do  not miss the big fun. Its been more than a year now. Dale choi hasnt tweeted in a while. wondering what could be the reason.. anyway, hoping for a better fin results to stay min at losses so far.


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