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Bullboard - Stock Discussion Forum 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... see more

TSX:TRQ - Post Discussion

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Post by Melodrmatyk on Feb 22, 2019 10:02pm

Turquoise Hill

I just came across this stock, any advice on shopping? Much appreciation for any th
Comment by shipwreckedfool on Feb 23, 2019 12:21am
This post has been removed in accordance with Community Policy
Comment by Straite on Feb 23, 2019 1:13pm
"Hard to believe that 8 years ago, TRQ was $28 (copper price was $4.50 in 2011)." Be careful when looking at past stock prices. Back then, this was a totally different company. It was Ivanhoe mines, which is now switched to IVN. Different assets, different cash flow potentials/sensitivity. The new TRQ expected cash flows are different from those in 2011. Also, there has been substantial ...more  
Comment by shipwreckedfool on Feb 24, 2019 12:53pm
This post has been removed in accordance with Community Policy
Comment by petrojell on Feb 27, 2019 1:09pm
No one knows if RIO will do a buy out in nexr 2 years just as ug minning starts. RIO would bid $ 5 or less Canadian Invest in IVN, or other companies, come back in 3 years and check. You just came across this comoany TRQ? However, from your post brevity you did no dd and seemingl another thumper looking for hand holding... Melodrmatyk -  (2/22/2019 10:02:54 PM)  Turquoise Hill  ...more  
Comment by NiN777 on Mar 09, 2019 8:34pm
I'm not sure I even care about the possible rio lowball anymore. They'll have to pay a dividend to all stakeholder if they want cashflow out of it in 2 years...its a long term play...