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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 Bushwacker3on Sep 26, 2018 4:34pm
98 Views
Post# 28696261

RE:Narrow Trading Range, High Volume?

RE:Narrow Trading Range, High Volume?it does look like the institutionals are jockeying for better positions . sailingstone had been  buying steadily in the last qtr. all this high volumes indicate to me that better times are ahead and looking forward to a good pickup on gold production in Q3.
strange that somefolks feel Rio is causing the SP to stay low so they can buy on the cheap. Rio's share of TRQ is still 50.8% and has not changed in the past 5 years. maybe that's one reason they have not made a bid .... no way Jose...., Rio won't want to look foolish as the money boys have a better idea of the true value. I still feel a combined Rio and a China SOE is lower risk to privatize TRQ and hold the GOM in check from their shenanigans.
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