Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Countrygenton Nov 07, 2022 10:57am
317 Views
Post# 35078899

RE:RE:RE:RE:RE:It’s happening…maybe.

RE:RE:RE:RE:RE:It’s happening…maybe.Marp - and for an ethical Board of Directors and special committee to withdraw their support instead of being told by regulators what is obvious - that the arrangement transaction is now tainted by a faulty proxy solicitation, and the Rio Tinto offer of this arrangement is tainted substantively by a two-tier treatment to procure abstention in the vote by the two largest minority shareholders.

TRQ is colluding.  I urge all minority shareholders to change any "yes" proxy by revoking the same, voting "no", and send a complaint to TRQ that they are failing to,protect your interests by not ensuring all minority shareholders are set to receive the same compensation.

This dissent and variable potential compensation for Pentwater and Sailingstone is a highly material fact that is not included in the proxy solicitation.  It is also likley illegal secondary compensation.  In any event the proper approach to support for a vote is not seeking abstentions prior to the vote, it is seeking a lock-up support to vote yes in consideration of the SAME a fundamental treatment.

Let TRQ know they can't stand aside, they have a positive duty to cause the bid to be stopped.

I sent them an email stating materially the same objections and urge all of my fellow shareholders to to the same.

cg
<< Previous
Bullboard Posts
Next >>