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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. > GOM Donks strike again!!!
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Post by marpincan on Apr 05, 2019 8:16pm

GOM Donks strike again!!!

https://seekingalpha.com/news/3448770-mongolia-lawmakers-want-scrap-2015-oyu-tolgoi-expansion-deal


This bunch of cockroaches are like clock work!! End result is that foreign investment will further dry up and the people of Mongolia will see their standard of living drop some more. Good thing Tinto has Iron Clad agreement enforceable in World Courts!!!
Comment by Bushwacker3 on Apr 06, 2019 9:04pm
Are these guys too stupid or what ....just read that paragraph on the Mongol  economy.... "If all mining companies completely stop their operation for 24 hours, the Mongolian economy shall lose 8.1 trillion MNT within a day and 67 thousand MNT in a single second. Besides, 70887 pensioners could not receive their monthly pensions and 37720 civil servants would lose one day's payment, ...more