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Mongolian Parliament To Hold Special Session Focused On Economy

|Includes:MNGGF, RIO, Turquoise Hill Resources Ltd. (TRQ)

VOA News:

Mongolia's parliament announced on Friday it would hold an emergency session next month, as the country looks to ward off an economic crisis sparked by uncertainty over its biggest mining project and falling foreign investment.

In my article I posted yesterday this is exactly the kind of action I was expecting. Hopefully this will take place and the parliament will come up with some action items to change perceptions for foreign investors. At the very least the government recognizes the issue and will be discussing remedies.

Disclosure: I am long TRQ, OTCPK:MNGGF.

Stocks: TRQ, RIO, MNGGF