Turquoise Hill Resources Ltd. T.TRQ

How much money is still available?

[riverrrow]

Should all the yeahs change their vote to nay to get the same deal as that Pentwater and SailingStone are getting?

[riverrrow]

Why do Pentwater and SailingStone now qualify to get "fair value" and all the shareholders who voted yes get.......

[Malpeque2]

Some of these questions are really amateur hour.     There is NO guarantee that  Penwater and Sailing are going to get any extra.      They could end up in binding arbitration at the PR says and wait a long time to get $.50 cents mores too!        Less their own attorney fees etc. 

[Skip57]

In today's announcement, under Terms of the Agreement, 6th paragraph, Pentwater and SailingStone have agreed to drop all legal proceedings against Rio.  They will receive more than $43, the question is how much more?

[WindsorGuy]

Probably will get free options on Rio Tinto stock as a sweetener. GLTA

[Skip57]

Is anyone, as beneficial shareholders, having any luck with getting their shares registered in dissent? RBC Direct Investing has no idea what I am talking about.  I did have luck with TSX Trust where they confirmed my "NO" to agree with terms. In the circular, under Dissent Rights (page 15), there is a process to exercise Dissent Rights.  There are 4 entities to which a

[Malpeque2]

Yeah,   and IF they go to binding arbitration they have agreed to keep it "confidential",  also in the press release.........so you and I will never know. 

[Skip57]

We will eventually know.  It will leak.  Doubt it will get that far though.  The offer has been settled otherwise their votes would not have been withheld.  We will know how much we were screwed over.  As stated previously, I am trying to follow the dissent procedures, my only recourse.

[Countrygent]

  TRQ says the "in hand" proxies excluding Pentwater would result in approval. This is a sleazy, two-tier potential payout for the same class of shareholders that take over legislation and securities oversight is suppose to prevent.  TRQ's "request" for a coattail option in dissent for minority holders is weak beyond belief.  They are supporting this

[Sooner]

blame your board....not Rio,...

[Countrygent]

Sooner, good point except it's hard to tell the difference! Will a class action against the TRQ Board and Rio come out of this ... who knows.  But the dissent remedy isn't designed for little fishes.  Big potential time, costs, litigation.  My opinion, get legal advice.  If the little people band together they would need a contingency firm - you think the result will