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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 Sooneron Oct 13, 2022 5:05pm
209 Views
Post# 35023473

RE:The vote.

RE:The vote.

Skip - looks correct from an interested 3rd party without a stake in this. 


Seems like a slam dunk NO to me. You got 32% locked in a no and only need 1/4 of remaining to vote no...and that assumes 90% vote. Do you really think 90% will vote. Probably the most vocal yes and no will vote but probably a large % could take it or leave it realizing long term value might be to vote no but short term upside is a yes vote ...so might not feel strongly one way or another.

personally I have no interest other than I'm a WRN shareholder and prefer a no vote to tell Rio that even with a 60% premium in todays environment isn't necessary that exciting considering a long term view of cash flow potential!

 

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