Turquoise Hill Resources

TRQ-T

TSE:TRQ

0.79
0.00 (0.00%)
Turquoise Hill Resources is a Canadian mineral exploration and development company headquartered in Vancouver, British Columbia.
More at Wikipedia

Analysis and Opinions about TRQ-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
November 8, 2019
He finds that it’s a weird base so he would look further into it. It’s a copper company. At around .70 cents, he would buy.
He finds that it’s a weird base so he would look further into it. It’s a copper company. At around .70 cents, he would buy.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$0.600
Owned
No
SPECULATIVE BUY
SPECULATIVE BUY
November 6, 2019
Not for the faint of heart--political risk. If things work, this has huge upside. It's one of the largest copper gold deposits in the world.
Not for the faint of heart--political risk. If things work, this has huge upside. It's one of the largest copper gold deposits in the world.
Rick Rule
Pres. & CEO, Sprott USA
Price
$0.620
Owned
Yes
BUY
BUY
March 5, 2019
One of the best copper deposits in the planet. It will grow and grow and grow.
One of the best copper deposits in the planet. It will grow and grow and grow.
Rick Rule
Pres. & CEO, Sprott USA
Price
$2.370
Owned
Yes
WAIT
WAIT
March 5, 2018

It comes down to your view on copper. If you have a positive view on copper, this asset will go on for 40-50 years. There is quite a large capital outlay to build the asset. It will be 2 to 3 years and you have to be on side with Mongolia. It’s a buy and hold.

It comes down to your view on copper. If you have a positive view on copper, this asset will go on for 40-50 years. There is quite a large capital outlay to build the asset. It will be 2 to 3 years and you have to be on side with Mongolia. It’s a buy and hold.

Jon Case
Portfolio Manager, Sentry Investments
Price
$4.100
Owned
Unknown
COMMENT
COMMENT
September 15, 2017

A Mongolian project with single assets. For all intents and purposes, it is a public controlled vehicle of Rio Tinto (RIO-N), which owns 51%. A low grade large deposit with lots of growth going down the road as they develop the underground portion. It is currently open pit. Feels it is fairly valued. Sensitive to copper.

A Mongolian project with single assets. For all intents and purposes, it is a public controlled vehicle of Rio Tinto (RIO-N), which owns 51%. A low grade large deposit with lots of growth going down the road as they develop the underground portion. It is currently open pit. Feels it is fairly valued. Sensitive to copper.

Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$3.760
Owned
No
PAST TOP PICK
PAST TOP PICK
March 30, 2017

(Top Pick Apr 6/16, Up 26%) You get the above ground mine and a fully funded underground mine. It has been a laggard. He has moved on from this one.

(Top Pick Apr 6/16, Up 26%) You get the above ground mine and a fully funded underground mine. It has been a laggard. He has moved on from this one.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$4.100
Owned
No
COMMENT
COMMENT
September 28, 2016

He likes this a lot. A very large gold producer, sort of in drag. A copper mine that produces an awful lot of gold. It will produce gold for a very long time. It is going to make an awful lot of money and should be a cornerstone in many people’s portfolios.

He likes this a lot. A very large gold producer, sort of in drag. A copper mine that produces an awful lot of gold. It will produce gold for a very long time. It is going to make an awful lot of money and should be a cornerstone in many people’s portfolios.

Rick Rule
Pres. & CEO, Sprott USA
Price
$3.950
Owned
Unknown
COMMENT
COMMENT
June 3, 2016

A copper mine in Mongolia. Controlled by Rio Tinto (RIO-N). One of his favourite positions. Scores at the top of the pack on valuation. Great balance sheet with a ton of excess cash. Going into production a couple of years out. One of the lowest cost copper producers globally with one of the best assets. The extra juice is if Rio decides to consolidate the rest of it, which they may well do if the copper market is turning in their favour.

A copper mine in Mongolia. Controlled by Rio Tinto (RIO-N). One of his favourite positions. Scores at the top of the pack on valuation. Great balance sheet with a ton of excess cash. Going into production a couple of years out. One of the lowest cost copper producers globally with one of the best assets. The extra juice is if Rio decides to consolidate the rest of it, which they may well do if the copper market is turning in their favour.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$3.810
Owned
Yes
TOP PICK
TOP PICK
April 6, 2016

18 months ago, very few of his picks would have been in the resource sector, but he is seeing a shift to the cyclical value. This owns one of the best undeveloped copper assets globally. They are cash flowing from their open pit mine today. This has a 40-year life, so you are buying an asset that has got a very long time for cash flow. Has no debt problems, and has $1.3 billion cash on the balance sheet, which will be used to develop their underground mine. Trading at 6.2X EBITDA and about 14X PE. Price momentum has been improving as copper stocks have been moving up. Rio Tinto (RIO-N) has managed to do a creeping takeover over the last number of years, and own over half of it. If the cycle starts to turn, it would make a lot of sense for Rio Tinto to take in the minority.

18 months ago, very few of his picks would have been in the resource sector, but he is seeing a shift to the cyclical value. This owns one of the best undeveloped copper assets globally. They are cash flowing from their open pit mine today. This has a 40-year life, so you are buying an asset that has got a very long time for cash flow. Has no debt problems, and has $1.3 billion cash on the balance sheet, which will be used to develop their underground mine. Trading at 6.2X EBITDA and about 14X PE. Price momentum has been improving as copper stocks have been moving up. Rio Tinto (RIO-N) has managed to do a creeping takeover over the last number of years, and own over half of it. If the cycle starts to turn, it would make a lot of sense for Rio Tinto to take in the minority.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$3.300
Owned
Yes
BUY
BUY
August 12, 2015

Likes it. Top deposit in the world. He sees them being able to weather the low commodity environment. He thinks it will eventually be part of Rio Tinto.

Likes it. Top deposit in the world. He sees them being able to weather the low commodity environment. He thinks it will eventually be part of Rio Tinto.

Rick Rule
Pres. & CEO, Sprott USA
Price
$4.350
Owned
Yes
DON'T BUY
DON'T BUY
March 4, 2015

Mongolian mines: They have made so many tries. They are still fighting with the government there. The government has shown themselves to be indecisive.

Mongolian mines: They have made so many tries. They are still fighting with the government there. The government has shown themselves to be indecisive.

Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$3.870
Owned
Unknown
COMMENT
COMMENT
November 5, 2014

A tortured story, but shouldn’t be a surprise as they are dealing in a difficult environment in Mongolia. A massive operating mine of over 1 billion pounds of copper and 60 thousand ounces of gold. They are waiting for government approval for going underground. There are concerns about how long that might take. He doesn't like the geopolitical risks.

A tortured story, but shouldn’t be a surprise as they are dealing in a difficult environment in Mongolia. A massive operating mine of over 1 billion pounds of copper and 60 thousand ounces of gold. They are waiting for government approval for going underground. There are concerns about how long that might take. He doesn't like the geopolitical risks.

Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$3.600
Owned
No
DON'T BUY
DON'T BUY
April 5, 2013

Great assets in a risky jurisdiction. Even at this level she wouldn’t step in. She would want to see more clarity with the Mongolian government and what action they may take. On top of this, copper prices are falling.

Great assets in a risky jurisdiction. Even at this level she wouldn’t step in. She would want to see more clarity with the Mongolian government and what action they may take. On top of this, copper prices are falling.

Alice Tsang
Portfolio Manager, Marquest Asset Management
Price
$6.280
Owned
No
HOLD
HOLD
December 28, 2012

One of the largest undeveloped copper/gold mines globally (in Mongolia). The concern is that the Mongolian government has been postulating and trying to get higher taxes and royalties. This has made investors nervous. Once the company starts production, they should be generating excellent cash flows.

One of the largest undeveloped copper/gold mines globally (in Mongolia). The concern is that the Mongolian government has been postulating and trying to get higher taxes and royalties. This has made investors nervous. Once the company starts production, they should be generating excellent cash flows.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$7.260
Owned
Unknown
BUY
BUY
October 17, 2012

Recognizes this as the only, very large, new independent listed copper producer in the world for many years. Rio Tinto (RIO-N) now controls it totally and are the best people to do the block caving and the best people to be totally organized and to maintain a good relationship with the Mongolian government.

Recognizes this as the only, very large, new independent listed copper producer in the world for many years. Rio Tinto (RIO-N) now controls it totally and are the best people to do the block caving and the best people to be totally organized and to maintain a good relationship with the Mongolian government.

Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$8.020
Owned
Yes
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