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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 29, 2020 10:26pm
193 Views
Post# 31341340

RE:RE:RE:Earnings...

RE:RE:RE:Earnings...Paray, I never try to make stock proce predictions. You just never know, especially with the government of Mongolia. However management has already increased gold production estimated for the remainder of 2020 so they should be just scratching the surface of the higher grade open pit ore. Unless the increase is coming from some of the underground ore that is being processed. 

Either way things look promising going forward. Over the next 3 months or so I would like to continue to build my position as we move closer to 2021. Maybe finally this company begins to wake up and reach even some of it's potential.
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