Turquoise Hill Resources Ltd. T.TRQ

major haircut

[itsalie]

ouch

[Johnny0081]

Hi risk high reward play. They will figure it out. I'm not selling

[Joe455]

Lots of ore in the ground and that is half the battle.

[Countrygent]

OT is so large and valuable ... and has undisclosed upside because it is also a halted camp play.  Tucked away in all TRQ disclosure is “several promising geophysical targets on the JV property”. Mongolia and Rio Tinto have played the market like a fiddle.  When miners don’t promote you can almost be certain they are trying to consolidate their ownership. Full court press - TRQ puts

[UNKLAL]

BTW CG we should add that Bobby exited to the Congo at $15.00+ per share US and has billions more in value with the IVN stock!!! I'm real happy I followed him there because that stock is now a 4 bagger for my wife n I, but still doesn't get me to break even on TRQ!!! JMO UNKLAL

[Countrygent]

I’m not a major holder of TRQ but am swimming in overweight ETG.  I know it has particular risks related to the non-IA status still to be resolved, but to me the much smaller capex  and the valuation being given to the JV makes ETG the more likely substantial gainer. i also don’t believe either company won’t be bid out by some combination of Rio and Mongolia and perhaps one other

[alvarez2]

Losses can be recovered owning IVN.