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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 Countrygenton Nov 04, 2022 5:42pm
157 Views
Post# 35074570

RE:RE:RE:OSC reporting

RE:RE:RE:OSC reportingIt is entirely wrong to solicit proxies on the understanding all minority shareholders will be in a similar position, then have a material change like this - a promise to pay out a base guarantee amount to some select shareholders?  A secret arbitration?

The timeline is outrageous as well for non-registered small shareholders, many of whom don't even know there was a material change since they gave a yes proxy, and might now wish to revoke.

Anyway, I'm upping the probability no meeting vote will proceed.  The regulators may try and reason with TRQ first ... so sleazy they cooperated to adjourn and permit this,  

Everybody ... revoke your proxy!

cg
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