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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

Post by Absalom9894on Oct 17, 2022 10:00am
315 Views
Post# 35028708

RIO stock offer

RIO stock offerBelieve offer from Rio Tinto will be voted down......Feel Rio Tinto should immediately offer 1 share of Rio Tinto for 1 share TRQ, this would require no cash out of Rio's pocket, it would not dilute Rio significantly as they have about 1.617 billion shares outstanding..... This would add about 98,000,000 shares, total outstanding would be 1,7 billion shares......This would be fair for both sides, it would be immediately acceptable. Again, no cash out of RIO's pocket, they can purchase RIO stock as generated cash allows.....They would own 100% of Turquoise Hill with Mongolia controlling 1/3 . TRQ will generate a great deal of cash for 50-100 years......They should offer this immediately after learning of vote failure with a close by Dec 1, 2022......They must make this offer without trying to squeeze more out of stockholders......This looks very fair for everyone and in my opinion will definitely fly.....
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