Turquoise Hill Resources Ltd. T.TRQ

Careful about the capex...

[NiN777]

Mining cost overun can quickly make a mine uneconomical i dont think anyone has 80 years to recover their investment. Capex headwind: Powerplant capex? Underground completion time snd capex ( keeps getting pushed back ), in the initial mineplan I think the underground mine was supposed to be up and running in 2016...??? And the last problem but not least is the TRQ board are not stewart of the TRQ shareholders, they work for RIO and so is management, who knows what their gameplan is. I am uncertain where the floor for that stock its hard to fathom its sub 2$, even more sub 1$. The depressed copper price dont help either thank goodness they got good gold gradea for now...the fact of the matter is that they will need more financing to complete the mine.

[240Gordie01]

Give it a rest Captain Obvious...bottom line ... the only thing wrong with this mine is that it has too much ore..to the point that they have to change the mineplan to remove the ore safely... this will a 20/share stock again in the future as long as RIO doesnt try to purchase remaining ownership on the low shareprice ( my fear is this is exactly what Goldman Sachs has advised them to do and has