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TRQ - Turquoise Hill's Improved Production Guidance Is Another Upside Catalyst
Turquoise Hill Resources Ltd.
Traders and investors in Turquoise Hill (TRQ) had plenty of information to digest over the recent month. First, the company announced that it entered into an agreement with the Mongolian government which created the legal framework for the construction of a state-owned power plant which will supply Oyu Tolgoi in the future (I wrote about it here). Soon after this announcement, Turquoise Hill provided a rather optimistic update on Oyu Tolgoi feasibility study (I wrote about it here). Recently, the company provided an update on its second-quarter operating performance and also