Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 HF.mongol.khanon Oct 02, 2015 10:18pm
225 Views
Post# 24159613

RE:RE:Copper up 9 cents

RE:RE:Copper up 9 centsWhile Mongolian politics is still a real circus, the FX reserves crunch speaks! Not sure DBM (pulled?) or TDB can issue bonds in not too ugly terms. On OT, local politicians have no alternative (no Russian friend to step in), so better get in on to try to milk some $ before the elections in sept 2016. Even on TT, there seems to be some progress....taking the railway out of the equation ...then the consortium with Shenhua could come back in the equation ....with PBOC helping Mongol Bank with a fresh supply of $. Even the CEO MSE was fired last week. While it made perfect sense, why now? Are there things speeding up and some found the timing appropriate ? anyway, there are a bunch of little things happening that are not exactly irrelevant, while to be fair the credibility of Mongolian politicians has not improved, maybe just the fear of hitting the wall full speed very soon?
Bullboard Posts