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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 Nov 23, 2022 6:40pm
254 Views
Post# 35123549

RE:RE:RE:RE:Rio swaps wild goose chase,, Crazy offer

RE:RE:RE:RE:Rio swaps wild goose chase,, Crazy offerSorry, my post was cut off midstream.  Under the Yukon law, RIO cannot drag this out indefinitely.  I intend to dissent, take the $34.40 Upfront Payment" and then see where we go.  My lawyer agrees the downside risk is the floor of $34.40 and the upside is north of $43.  RIO ends up paying $43 to roughly 2/3 of the minority and a yet to be determined amount to the remaining 1/3 (the dissenters).  Fun times.
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