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Turquoise Hill Resources Ltd. TRQ


Primary Symbol: T.TRQ

Metals & Mining Industrial Metals & Minerals
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

Turquoise Hill Resources Ltd.
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Comment by marpincanon Jan 16, 2018 9:52am
159 Views
Post# 27367102

RE:RE:RE:News releases

RE:RE:RE:News releases
Its part of the "shakedown game" played by the GOM.They will probably settle for a lot less than they are asking if anything at all. Note that TRQ has resolution of such disputes by world courts written into the contract and that Mongolia has lost evry case settled by world courts. 

https://seekingalpha.com/news/3322899-turquoise-hills-oyu-tolgoi-mine-hit-155m-mongolian-tax-bill?app=1&uprof=11#email_link
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