Turquoise Hill Resources Ltd. T.TRQ

CC

[aldarion8484]

Whats not to like?  A 2 year + delay.  Suppose you have to expect this sort of thing when iinvesting in mining projects.  But after 7+ years of waiting, patience wears thin.

[TRQforever]

Didn’t listen Aldy. Seriously, 2+ years. Guess the stock can’t tank any more. 

[aldarion8484]

Luckily, TRQ has an open pit and they are doing pretty well with it.  That and RIO's backing should keep the stock from tanking horribly.  The only positive takeaway from the CC was that Quellman suggested that they will be likely be able to get bank funding -- and they control the OT board.  When this is all said and done, it will be interesting to find out how much extra the

[TRQforever]

Thanks, might also go after other low hanging fruit with a partner? Lol

[TRQforever]

Thanks, might also go after other low hanging fruit with a partner? Lol

[aldarion8484]

I should note that Quellman didn't expressly state that the delay will be 2+ years.   He merely stated that Shaft 2 will take 2-3 more months and that RIO won't even be done with figuring out what they want to do with the underground until the end of this year.  Thats a full year without taking into consideration the delay in mine plan rescheduling .  I think a full

[bionicjoe]

They should rename this company Turquoise Delay Hill. If it isn't one thing it's something else but the results are always the same.....more delays. It just reinforces my conviction that this stock stopped being a hold for retail investors a long time ago. Maybe your grandchildren might eventually see a benefit. Their underground completion guidance over the years has been next to useless.