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home / news releases / TRQ - Turquoise Hill: New Problems In Mongolia Won't Move The Stock For Now


TRQ - Turquoise Hill: New Problems In Mongolia Won't Move The Stock For Now

In a number of my articles on Turquoise Hill (TRQ), including the most recent one, I noted the issue with the Mongolian parliamentary working group, which was supposed to review the implementation of the investment agreement between the company and the country. In the most recent earnings call, the company’s management did not provide any clarity on this issue. However, a week after the earnings call was held, Reuters published a report stating that Rio Tinto (RIO) (and, therefore, Turquoise Hill) was facing renegotiation of the investment agreement regarding

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Stock Information

Company Name: Turquoise Hill Resources Ltd.
Stock Symbol: TRQ
Market: NYSE
Website: turquoisehill.com

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