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Turquoise Hill Resources Ltd. TRQ


Primary Symbol: 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 Countrygenton Sep 01, 2022 5:19pm
169 Views
Post# 34936680

RE:Still wondering

RE:Still wonderingExactly.  Let's just wait and see what the most significant minority shareholders have to say about TRQ's "Agreement" with their de facto bosses and future owners.

Whatever.  The most positive sign here, apart from the obvious acknowledgement the initial bid was a stinker, is the fooling around period is being shortened or running out due to the undercut Gavin commenced and sustainable production approaching at Hugo North, a raft of global governments tilting priorities to copper-heavy de-carbonization initiatives that will pressure copper supplies ... 

Kindbof reminds me of those Olympic indoor cycling pair events where they try not to pedal at all then suddenly it's pedal as hard as you can.  Rio Tinto clearly wants the whole of TRQ ... but they probably need to pedal harder.  I'll have my jaw on the floor if we hear anything other than "not enough" out of Pentwater.   And I see some vulture law firm gearing up to try and squeeze into the party as well.   

All better than last week!

cg
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