I haven't chosen one. It's a significant long investment, I'll wait at least a year and then reevaluate. I am patient with high risk companies like this. In the meantime, I would probably sell if it reaches $5.50.
I think I've been watching TRQ for a year, maybe 2 years, but this is the first time I've invested in it.
Obviously you see potential in Trq otherwise you wouldn't have bought in. If an agreement is reached with the government to open the second phase, the valuation will rise quickly. That is why speculation has appeared concerning Rio being interested in acquiring the stake in Trq that it doesn't already own. Reportedly trq is sitting on an enormous amount of coal, copper, gold, etc. What better time to purchase reserves than when the price of those resources are low. If Mongolia agrees to work things out, I believe a purchase of Trq by Rio would be welcomed by the investment community.