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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

Post by mrpancakeon Jul 26, 2020 1:40pm
237 Views
Post# 31320927

another possibility?

another possibility?
Still looking for Rio to buy out minority shareholders and fold in Entree Resources?  Is it possible after all this time that no deal will be forthcoming? 
 
Rio takes Mongolia's 34% in exchange for much needed royalty.  TRQ shareholders left to rot in hell.  Entree shareholders including Sandstorm will wait for royalty streams (years from now especially those from the Heruga side ? 
 
What's to stop this from happening? Rio has given no indication they will do anything other than this (above). 
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