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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

Post by spstockson May 26, 2015 10:23am
174 Views
Post# 23764527

Whats holding ???

Whats holding ???Everyone now know that everything is finalized except the financing. Rio is releasing statements and GOM confirms too after much long awaited phase 2 start. I dont think there is anything to doubt at this moment that the project will stall again as the primary hurdles and secondary hurdles (z) are all decleared cleared. I am not sure whats the holding point here?? since the day the deal is finalized, SP hardly moved 10 cents. What is holding on to bet on this stock is unknown. who is playing?? shorters?? MMs?? Rio?? or Bigtime investors?? waited for years to see it atleast doubles with the announcement. Not sure what games are being played. 
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