Hope your right about the agree to disagree.
The last line worries.
The Mining giant Rio Tinto PLC (RIO) already owns 50.8% of Turquoise Hill Resources Ltd. (TRQ), and speculation that Rio Tinto will buy the other 49.2% has boosted Turquoise Hill's share price by nearly 13% in the week ending Thursday. Most of the gain came in the last two days, although shares were giving some of that gain back Friday probably because Rio Tinto has not announced an offer yet.
Rio Tinto's largest project, the Oyu Tolgoi copper and gold mine in Mongolia, has been delayed by negotiations between the government and the company that are getting approximately nowhere.
But at least its a good (newsworthy) rumor
The long-dragged dispute between Rio Tinto (ASX, LON, NYSE:RIO) and the Mongolian government over a $6.6 billion underground expansion of Oyu Tolgoi, the Anglo-Australian giant’s massive copper-gold mine in Mongolia, seems to be finally coming to an end.
The Sydney Morning Herald reports one of the company’s contractors has began advertising for workers on what appears to be the famous mine.
According to the paper, engineering and project management company AMEC, is publicly searching for professionals to work at “a major underground, copper and gold mining expansion in Mongolia,” fueling expectations that a deal will be sealed before the end of this month.
LOL, Wow I must be somebody now. I have a Zoo clone. I bet Zoo is not a Daddy, much less a father at all. I'm mayberrygooddad, not daddy. I'm putting this one on ignore. Good luck to all longs
IMO, all of these EC El Univeral articles are stacking up to say, here’s your sign…BUY!