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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

Turquoise Hill Resources Ltd. > RISK/REWARD CONFLICTS
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Post by Bushwacker3 on Mar 15, 2019 2:43pm

RISK/REWARD CONFLICTS

After so many years waiting I've given up hope on the Rio takeout.  The open pit is quite profitable but the UG costs far exceeds it and keeps mounting.  Rio imho has been spooked by that Alcan and Simandu debacles. Yeah they got some extra cash also from the Grassberg withdrawal but imho the best options are to remove all the prevailing roadblocks.that always seem to hinder progress.

1.  Rio needs to overcome GOM resistance by sweetening the offer for their 34%. Eliminate    the current  IA and rewrite a new working agreement based on taxes , royalties, licences/permits ,etc.
2. Not go it alone and find a strong partner (preferably a Chinese SOE for the China customers) to help mitigate any sovereign risks.
3. Consolidate all adjacent and joint venture properties to be included in overall development.
4. Get an early start on the new power plant.
5. Get the GOM off their backs by helping them have freedom from eternal financial loans and start receiving positive cashflows to improve their economic development.
6. Hopefully this nightmare will end sometime and perhaps help regain my sanity, GLTA.
Comment by aldarion8484 on Mar 15, 2019 3:23pm
Alot of good recommdations there.  
Comment by TRQforever on Mar 15, 2019 4:54pm
crazy stock, Volume went crazy late, now afer hours. Hmmm