RE:RE:RE:33 still wants 'emUnbelievable CG is still pumping TRQ and ETG a decade later...
Some investor workers dumper TRQ 5years ago., never bothered with ETG.
Cant believe the last paragraph CG wrote
... pretty juicy trade... buy TRQ
..., after good bump hit ETG ...,
.., longer copper prices look good...,
..., Patience after 14 years...,
here's a gift for CG and any follower...
Countrygent - (10/25/2018 12:24:28 PM) RE:RE:33 still wants 'em The unresolved IA issue will probably only be resolved by an OTLLC merger with ETG. Problematic because of course the Mongolians have no capital to contribute and TRQ can’t issue equity without upsetting the slim 51% controlling shareholding.
But stripping a big royalty out of ETG would reduce the value allowing OTTLC to consolidate full ownership, plus the full prospective ground of the JV and Shivee West. The IA was drawn to accommodate ownership of all the ETG interests without requiring further approvals or political meddling.
i just don’t see Rio pulling any triggers to underscore upside value potential until they have first either bought out TRQ or brought in a strategic major partner to do the same. They sure have beaten down the TRQ market cap ... looking like a pretty juicy trade these days to buy TRQ and after a good bump hit ETG - Surely ETG will lag TRQ to the upside from here? Bit of a waiting game and too bad the big board looks shaky - the set-up for a rise in longer copper prices looks good.
Patience, Patience after 14 years ... but there have been some very profitable trades in the swings along the way.
cg