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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

Turquoise Hill Resources Ltd. > Stage is set for a White Knight
View:
Post by Rock9011 on Sep 02, 2022 8:20pm

Stage is set for a White Knight

$51 C should do it. 
Pretty good price for a mine that  is operable and will be around for the next 50+ years. 
Not to mention all the additional  ETG ground adjacent to OT that has not been explored. 
With electric car syndrome on the horizon copper will move to $8 US in short order. 
My guess - BHP. 

It's clear that with heat records being broken in California - 127 F today everyone will soon be pushing for 2 things 
Water
Green Energy
Comment by Countrygent on Sep 03, 2022 12:31pm
  if BHP air any other partner did come in (and we are in the perverse situation where TRQ a who should be beating the bushes for White Knights is relying on Rio to green light a competing bid ... say it ain't so Joe DiMaggio)  I am going to be over the moon about ETG's takeout prospects, because Rio will want to have that last piece of equity.  And ETG a has the far more ...more  
Comment by Rock9011 on Sep 03, 2022 3:33pm
The surrounding ground has copper / gold indications throughout but has not been explored in detail.  There could certainly be another OT style deposit adjacent to the existing deposits.   ETG holding the Licenses is a hammer they have not used but it is certainly in their toolbox.  TRQ has the existing cores on the ground just drilled.  The results should be imminent ...more  
Comment by raphaelle2 on Sep 04, 2022 11:07am
I am afraid RT is still " shell shocked" from their last ALCAN acquisition and are terrified of making another blunder! On the other hand, would you like to partner with them on OT while they have been hiding their cards for the last several decades ? RT does not like to share. Period. I can't understand why ETG has not been swallowed already. The answer must be in the fine prints of ...more  
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