Turquoise Hill Resources Ltd. T.TRQ

Lets hope this isn't the future....

[fruitvale3067]

but it sure looks familar.

https://www.mining.com/web/consortium-likely-to-raise-bid-for-kaz-minerals-sources/

[marpincan]

as they say - "it isn't over till its over" They all start off with a low ball bid and make the same statements. question is - how strong are the minority holders? In TRQ's case we have some very strong minority holders in Pentwater capital and Sailingstone. I beleive that under Canadian law, they hold enough shares to force arbitration should Tinto push a stink bid.

[fruitvale3067]

marpincan, as I see it this is the biggest game of chicken between the three interersted parties. The question is who's going to blink first.............and second.  It's like that final gunfight scene in the movie "The Good, The Bad, and The Ugly"  TRQ = The Good GOM = The Ugly (no bullets in gun) RIO = The Bad

[1student]

Hello Fruitvale3067 et al.   I haven't posted here for a while and am simply checking in to read some interesting commentary with respect to TRQ and to provide some input of my own. I thank you for your comments. Just wondering why everybody here and elsewhere are so hell bent on having Rio Tinto purchase the remaining outstanding shares of TRQ. It is as if the only way they can