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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 Nov 04, 2022 9:49am

OSC reporting

I went one step further and filed a whistleblower report on TRQ n RIO!!! Lets hope this route gets attention to this matter a little quicker. UNKLAL

BTW UNKLAL stands for I'm an uncle n my name is AL!!!
Comment by Countrygent on Nov 04, 2022 4:09pm
The Globe and Mail reported an hour or so ago a quote from Ed Waitzer that he believes the deal is offside and will be halted by the regulators. Why does his opinion matter?  Former OSC Chair, former Managing Partner at Stikeman Elliott LLP, as held various professor emeritus positions at Osgoode Hall Law School and the Schulich School of Business.  Heavy hitter in securities law ...more  
Comment by Skip57 on Nov 04, 2022 4:42pm
As I mentioned earlier, look for a cease trade order on Monday, wink, wink.  Lawyer just got back to me.  RBC no can do, so my dissent option is moot, no can do also.  However, RBC can move my accounts intact to a subsidiary where the shares are in my name, basically a full service outfit.  Lawyer is making introductions.  Process can be completed in about a week.  If ...more  
Comment by Rock9011 on Nov 04, 2022 4:43pm
This entire process is a circus.  Back room deals appear to be the order of the day.  No one drops a lawsuit unless they are assured some matter of compensation.  That in itself is ok if its a side deal and not connected to the share price but that doesnt appear to be the case. The dissent option should have nothing to do with a lawsuit that is in progress. The small guy in most ...more  
Comment by Countrygent on Nov 04, 2022 5:42pm
It is entirely wrong to solicit proxies on the understanding all minority shareholders will be in a similar position, then have a material change like this - a promise to pay out a base guarantee amount to some select shareholders?  A secret arbitration? The timeline is outrageous as well for non-registered small shareholders, many of whom don't even know there was a material change ...more  
Comment by Malpeque2 on Nov 04, 2022 6:10pm
Funny..........I added this am to my position and saw this pm it was up and sold it all,   and it closed down on heavy volume on the TSX.      Sounds like the Regulator Halt or Cease Trade story could be true!    If so,  then this could be one where the little guy wins,  for once.   Congrats to you all if so. We all did know that Penwater ...more  
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