Turquoise Hill Resources Ltd. T.TRQ

SP will explode to react to POG!

[Paray99]

Looks like the major play is from shorts now.. most gold SP is not reacting well to the gold market. 

For POG rise of $70 in last 3 days, the stocks didn't respond well, but if the POG now go down by the same $70, we will see a huge SP plunge! 

Only other possibility is an explosion in the SP right now to sync with thevPOG! i am waiting for that to happen.

[Countrygent]

Yeah, the action is interesting. XAU, HUI, TSX Gold all down against the continuing upward hops in the spot price.  Counterintuitive for sure. US China tensions may have surprised some.  Or are those shorts coming into the market now because there is some play against currency or another long hedge ... these days with derivatives, option spreads, hedges, swaps ... simple long and short

[Paray99]

Right, let us see what happens in the afternoon !

[UNKLAL]

Great to see you posting again Gent!!! I'm with you, that we need to stop the Rio cr*p that has murdered the SP of both TRQ n ETG ( I have owned both for years)!!! I'm now looking at retirement and my investments in both of these stocks are in the toilet, so to speak. Lets hope the yellow card carries the day and these stocks start performing at their total potential!!! UNKLAL

[Countrygent]

Hey Unk ... gold over $1900 momentarily, stories out of Chile that Codelco has some significant production deterioration ahead in copper ... and the passage of time with billions sunk into Hugo North HNE looking to start underground revenues ... is all good no matter what Rio Tinto does to try and play down the OT potential. This proxy protest is just window dressing on a fair question - why can

[1student]

Hello Country gent. In regard to Rio Tinto's outright control of TRQ, the so called "independent directors" are anything other than independent. In a prefect world such marionettes, i.e. the"independent directors", would be immediately terminated with cause; that certainly didn't happen. I listened in on the AGM and couldn't help noting that one simple question (if

[1student]

Hello UNKLAL. I also appreciate Countrygent's provisioning of information. Rio is and has been, without a doubt, in control. I expect Rio Tinto's way of doing things is desigened to frustrate and ultimately continually dissappoint long time shareholders; Rio Tinto definitely has it's reasons for doing so, no matter how distastefull and upsetting it is to me and or any other committed