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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 fruitvale3067on Jul 26, 2020 10:06pm
131 Views
Post# 31321955

RE:AGM

RE:AGMCountrygent, 

It will be interesting to see if Turquoise Hill actually recognizes the issue with minority shareholders or wether it's lip service. It would be nice if they were seriousabout addressing the concerns, however I suspect it's going to be lip service. The one good thing in shareholders favor is when they hit the high grade gold in the open pit later this year. With a 3 fold increase in gold ounces produced next year and with the POG climbing revenues should be huge next year which should raise the share price. At that point it would seem the Mongolian government would be the only thing that could de-rail things. Trouble is I could see them doing it.  
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