Turquoise Hill: Short-Term Pain For Long-Term Gain. [Seeking Alpha]
Turquoise Hill Resources Ltd. Ordinary Shares (TRQ)
US:NYSE Investor Relations:
turquoisehill.com/s/investors.asp
Company Research
Source: Seeking Alpha
Summary Introduction: Turquoise Hill Resources ( TRQ ) is a Canadian copper and gold miner that is 51% owned by Rio Tinto ( RIO ). This company owns a 66% stake in the Mongolian Oyu Tolgoi project; that could prove to be the world's third largest copper asset and signifies the wealth associated with this large-scale project. Investor Takeaway: For one thing, the enormity of the OT project itself is enough to establish the long-term growth opportunity for TRQ. For another, I do not recommend this stock for short-term gains because I believe this stock will experience slow and gradual growth that will unfold as TRQ gets closer to its developmental goals and unlocks the copper/gold production potential from this mine. In this article, I have initially included a brief development and production profile of the OT project for the next decade or so (specifically for those investors new to this stock). Later, I move my discussion to the weakened copper prices
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