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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 Rock9011on Nov 10, 2022 7:56pm
143 Views
Post# 35090193

RE:RE:RE:RE:Minority shareholders

RE:RE:RE:RE:Minority shareholdersIf BCand Alberta could get along, Western Canada would be a force to be reconned with.
Tide water and oil and gas - I dont need to say much more.  The world is crying for oil and gas to keep warm and Pierre's kid put a ban on tanker traffic on the west coast by Prince Rupert ( unless it is hauling American oil from Alaska). 
Following Quebec's lead telling the Feds where to go may not be a bad idea. 
Anyways, I digress.
I am confident RIO will come back to the table because sharing a copper gold deposit with a couple Canadian mom and pop companies that has billions of pounds of coppper and 93 million oz of gold is not going to happen.  This OTLLC deposit will take RIO to over $90 US a share and they already are at $60 US today. 
They could easily do a stock exchange offering RIO shares for the Canadian shares and in reality the deal would cost them nothing at all.  Honestly, I think there are no thinkers over there in Australia. 
The real challange is finding the next big copper deposit and that is not easy.  Mr Dummont and his coherts worked their fingers to the bone proving up this one and all (including RIO) think its no big deal.  Just try to find another one of this caliber.  Not so easy. 
When copper goes to $7/lb (and it will) this deposit will be a cash cow. 
ETG is going to be the money maker here. The folks at Sandstorm should take a run at the company if they were smart. Talk about a royalty unit htat would bring money in for hte next 90 years.

Rock
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