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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 Skip57on Oct 31, 2022 3:28pm
164 Views
Post# 35061028

RE:Risk vs Reward

RE:Risk vs RewardWindsorGuy:  You state that "the odds of success are better than 50/50".  Is this a gut feeling or do you have analysis to back your conclusion?  The fact that the deadline has been extended points to voter participation is lacking.  Recall that the lower the participation, the lower the hurdle to defeat.  RIO obviously knows this and is desperate to get shareholders to vote.  The market is also projecting a "NO".  In my opinion, I cannot see how a "YES" has a path to success.
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