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 Countrygenton Dec 04, 2016 12:33pm
184 Views
Post# 25552182

RE:RE:RE:RE:RE:Concentrate

RE:RE:RE:RE:RE:Concentrate Mongoloid - Here is some additional info, although nobody can ever seem to rely on news reports out of UB - translation sometimes an issue I guess.  

https://fronteranews.com/news/asia/worlds-longest-traffic-jam-points-mongolia-recovery/

0.2% on $1 billion is $2 million by my calcs.  1500 trucks/day x $1.45 is around $800K.

The bigger issue is only half the traffic is making it through the border.

Mr. Pancake - My point was the Chinese would have a greater interest and excuse against expropriation IF they had a direct ownership interest, which so far they don't.  And I agree it would once have been a serious provocation against the Russians, but Chinese/Russian balance of power is surely tilting towards China on their own borders.  One reason the Chinese might not want to blur the border is because then in Inner Mongolia they might kindle political hopes for reunification of Mongolia and greater independence from Beijing? But I stand by saying China is the natural insurance policy against Mongolian instability or breach of their international agreements.  Hopefully Mongolia settles down into a more stable and prosperous democracy, with a relationship towards China such as Canada enjoys with the United States - closely tied economically, but distinct and culturally independent to a degree.  Not looking too bad for Canada these days?

cg
Bullboard Posts