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Turquoise Hill Resources Ltd. 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 Malpeque2on Nov 02, 2022 10:53am
137 Views
Post# 35066203

RE:RE:RE:RE:RE:RE:Pentwater and Sailing Stone look after themselves

RE:RE:RE:RE:RE:RE:Pentwater and Sailing Stone look after themselvesYour in Yukon Business Corporate Law.     Google it.     RBC is not going to do the work for you.   Neither is Penwater and Sailing Stone.   You have to do the work yourself.      I do think RBC or whomever has to provide you a notice in a certain way that they HOLD the shares for you in a custodian/beneficiary way,   tkind of the same  way they vote your proxy.  Based on  your instructions.  

Interesting that this was negotiated BEFOREHAND.     For RIO to wave the DISSENT condition and establish a procedure with the large shareholders to determine the price.    I assume they would have done this after completion of the merger.   

The proxy materials sent you will have more details of how to pursue the Dissenters Rights.    Don't think you need a lawyer yet at this point.    

RIO is giving you plenty of chances and 7 more days to follow the procedure.     I don't think you can blame them anymore at this point. 
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