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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

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Post by fruitvale3067 on Jul 28, 2020 9:13pm

Earnings...

For me the number I like the most is 2021 gold production estimate of 450,000-500,000 ounces. As long as COVID and the Government of Mongolia don't get any worse.
Comment by fruitvale3067 on Jul 29, 2020 6:34pm
Lets calculate some revenues based on the 2021 outlook numbers put out b TRQ management.  GOLD - 475,000 Ounces COPPER  - 165,000 Tons 475,000 Oz X $1800 US POG = $855,000,000 165,000 Tons X $6000 US Ton = $990,000,000 Total=1,845,000,000 Thats 1 Billion, 845 million dollars in revenue in 2021 (and these numbers are the mid range in production estimates and conservative prices for ...more  
Comment by Paray99 on Jul 29, 2020 8:44pm
If everything goes good, this stock should skyrocket by end of this year.
Comment by fruitvale3067 on Jul 29, 2020 10:26pm
Paray, I never try to make stock proce predictions. You just never know, especially with the government of Mongolia. However management has already increased gold production estimated for the remainder of 2020 so they should be just scratching the surface of the higher grade open pit ore. Unless the increase is coming from some of the underground ore that is being processed.  Either way ...more  
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