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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

Post by Straiteon May 22, 2019 10:29am
167 Views
Post# 29763834

If only...

If only...They dug the underground mine as quickly as the stock is digging its way down... Would you buy/buy more or wait? Is there some non-public information out there? Is the decline only caused by the delays and potential overcosts? I wouldn't mind too much about delays, more about potential dilution or debt increases. Delays can be fixed by time for patient investors. (i.e. if all future cash flows are pushed back 1 year, after waiting 1 year will give you the same present value.) On the other side, dilution/debt increases have a more long-lasting effect. Any thoughts?
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