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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 May 22, 2015 12:11am
217 Views
Post# 23752850

RE:RE:Day 2 of TRQ rebirth

RE:RE:Day 2 of TRQ rebirthseriously??? You are talking about Meryl Lynch credibility? 

The GOM clown's capabilities are well known to the world by now especially 'you never know' kind of behavior that speaker has the investor community is still not confident enough to say 'Buy' signal again to cash in the opportunity with careful approaches. Nothing at this point an upgrade, a great positive research points, even RIO's confidence on OT ph2 can drive this crazy upwards and a small plunge or a small surge are obvious. 

The only factor that can drive this up and down is the GOM's clearcut actions to say deal or no deal. At this point, the OT phase 2 has still few hurdles to cross before it goes live. Every one knows that. Every shorter, flipper is trying to utilize this little time to make some moeny and try to get back in when every possible. This crazy gap in time is the reason for short squeeze. The shorts play like this rough only when there is an opportunity to cash in the skepcism. Its crazy but part of the game. If you are long you better be happy with the price up by atleast $1 and be patient before it runs wild. Many are waiting and waiting for years and i myself is a smalltime investor waited almost 18 months which is long enough for me to say alright its getting late but still waiting. The hope to get there is almost there. little ups and downs dont excite/panic me now. 
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