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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 gord_boltonon Jun 24, 2019 5:02pm
224 Views
Post# 29857799

RE:RE:Turquoise Hill Resources Ltd

RE:RE:Turquoise Hill Resources LtdI have Ivanhoe & Turkey Hill valued roughly equal depending on which way the political winds are blowing. There was a flurry of buying at the close today. I think this re-engineering over ground conditions is freaking people out way too much. It is entirely normal to re-evaluate your assumptions when you have some real life evidence from driving the tunnels. If the Rotty's were thinking about making an offer this summer why not play up the uncertainty?
Interesting flurry of activity at closing time today.


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