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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 UNKLAL on Mar 14, 2022 11:22am

Hey Gent???

What do you think of this POS offer from Rio???
It's roughly the same as Robert Friedland got years back. Of course with the control of the BOD from the get go by Rio these idiots are going to accept this offer. My hope is the large minority shareholders won't buy into this low ball cr*p and push it up to about $50 bucks!!!
Comment by Countrygent on Mar 14, 2022 12:45pm
  It's just an offer.  There is no lockup, no ability to force it on the minority. We'll hear from Pentwater and see if they can beat the bushes for a counter-bid.  The trump card Rio holds is it's sway over the TRQ board, but it would be a different kettle of fish if it was a BHP or Freeport Mac holding 49% and demanding representation - and in that event in any ...more  
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