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Turquoise Hill Resources Ltd. 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 skepticalmeon Aug 12, 2019 12:07pm
406 Views
Post# 30018242

RE:RE:Worthless shares.

RE:RE:Worthless shares.You are right. That is the same numbers I came up with.

That puts TRQ at $10-$12 CDN depending on how low the shares fall between now and the reverse split.

But from, let's say $10 CDN, the shares will continue to slide till sub $1 again.

At which point another reverse split. 1 for 5 at that point.

That puts todays shares at less than a quarter penny. WORTHLESS>


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