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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 UNKLALon Apr 22, 2022 10:02am
484 Views
Post# 34623393

RE:Valuation

RE:ValuationI agree that the offer is definitely an extreme lowball bid, but saying that will not help the retail shareholders who funded TRQ's developement n are in very tight spot because 1) Rio own's 50+ of TRQ shares 2) control TRQ's board of directors. So if they are not forced into rejecting this bid, it will allow Rio to steal this company!!! UNKLAL
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