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 aldarion8484on Mar 15, 2019 2:28pm
151 Views
Post# 29492606

RE:RE:CC

RE:RE:CCI should note that Quellman didn't expressly state that the delay will be 2+ years.  

He merely stated that Shaft 2 will take 2-3 more months and that RIO won't even be done with figuring out what they want to do with the underground until the end of this year.  Thats a full year without taking into consideration the delay in mine plan rescheduling .  I think a full year for that is a very conservative estimate.  That makes 2 years minimum. 

Now don't get annoyed with me for spreading bad news.  The situation is what it is.  Despite the conspicuous avoidance of any estimates on the conference call -- the analysts declined to press for them -- it was pretty obvious it will be signficant.  
<< Previous
Bullboard Posts
Next >>