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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 Mar 31, 2015 10:05am
199 Views
Post# 23580961

RE:RE:RE:Possible tax breakthrough

RE:RE:RE:Possible tax breakthroughi believe that if the tax issues are resolved and tax laws are more towards growth than to pressure the investors then the 34% stake is not going to be a big issue. RIO might put an offer for that too for 100% takeover and pay royalties to GOM. If not, any other investor possibly from china may come with an offer for 34% stake. This is all currently tied up with tax issues and waiting for the final confirmation. Rest will flow like a water stream in the garden. 
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