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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 1studenton Sep 03, 2020 12:50am
856 Views
Post# 31500016

RE:RE:RE:AGM

RE:RE:RE:AGMHello Countrygent. You must forgive my extremely delayed reply. I have been occupied with other most pressing issues. Nevertheless, I greatly appreciate all the information which you provide for TRQ bullboard participants. With respect to your provisioning of information. You consistently demonstrate a deep, concise and yet most comprehensive knowledge of past and present issues as relates to both TRQ and ETG. Your opinion is always valued by myself and dare I say, many others here at the Stock house bulletin boards. The point you made with respect to what Rio Tinto paid Mr. Friedland et al. to take control of the former corporate entity, Ivanhoe Mines Ltd, is one well worth recalling. I know for certain that TRQ is most undervalued at these levels - not to mention the penny stock level at which the shares were trading at until only recently. I called the $1.60 level some time ago and TRQ simply lagged for some time in aggressively establishing a move upward toward the $1.60 price point. By the way, I did manage to reposition, i.e. i managed to average down to a price point which was more conducive to ultimately generating a near term profit. I'm in the black now; not by much yet its all relative. Ultimately I expect that this most pleasant upward trend in share price can be sustained and greatly expanded upon. There is certainly a method to the perceived madness, lol. The calculation provided in terms of just how many projected ounces of gold and copper is expected to be mined and monetized; well, suffice to say that the timing of such a revised provisioning of forward-looking information is impeccable. I expect that this nascent recovery in share price is only the beginning. Dare i say, I expect that we have only completed phase one of a multiple phase movement in share price. It isn't how hard and fast of a movement that really maters in terms of share price appreciation. What maters more and is of greater importance is, the sustaining of such momentum in share price appreciation. A sustained rally in share price appreciation would certainly bring back an interest on behalf of relevant media and financial enterprises; which in turn can serve to proppel TRQ shares upward during a second phase of share price development. By the way, the "frenzy phase" of share price development is seemingly immune to transient noises from the political biases which tend to stall typical share price appreciation movements in gold related companies. What really drives the frenzy phase is ... I want to thank you Countrygent for your concern and caution regarding possibly not being able to partake from the sidelines as the company shares rip upward to more deserving price points. You certainly are a Countrygent.

1student
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