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Turquoise Hill Resources Ltd. T.TRQ

Metals & Mining Industrial Metals & Minerals
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

Turquoise Hill Resources Ltd. > Tree shaking
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Comment by marpincanon Oct 26, 2022 6:51pm
154 Views
Post# 35051591

RE:RE:RE:RE:RE:RE:Tree shaking

RE:RE:RE:RE:RE:RE:Tree shaking
I believe it won't happen,I  voted no and will wait till Pentwater gives Tinto a few more kicks in the nuts to sober them up and get a better price and then take that price (maybe ;-) ) . If Pentwater votes no , then this deal will sink (they and Sailingstone own over 30% of the minority shares. They will use desenters rights to get a seat on the board and a better deal. It will take some time but be worth the wait.
  If Pentwater by some chance throws in the towel, then you get the lousy $43/ share which is more than its trading at today. if you have time, nothing to lose by voting "no" and lots to gain by voting "no".

its a no brainer - vote "no" for superior long term gain! IMO ;-)
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