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Eastern Platinum Ltd. ELRFF


Primary Symbol: T.ELR

Eastern Platinum Limited owns directly and indirectly a number of platinum group metals (PGM) and chrome assets in the Republic of South Africa. It is engaged in re-mining and processing of tailings at the Crocodile River Mine (CRM) and the exploration and development of other PGM and chrome properties located in various provinces in South Africa. All of the Company's properties are situated on the western limb (Crocodile River Mine) and eastern limb (Kennedy's Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts approximately 80% of the PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam. Its six PGMs are platinum, palladium, rhodium, osmium, iridium and ruthenium. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers northeast of Johannesburg.


TSX:ELR - Post by User

Post by FreedomFun55on Apr 28, 2021 1:44pm
347 Views
Post# 33083623

"Palladium on its way to $3,000 as supply-demand..."

"Palladium on its way to $3,000 as supply-demand..."The value of the PGM's in the ground keeps climbing.  This company is being "Extremely Undervalued".  Current valuation is under $40 mil US & yet all the PGM's in the ground have been paid for years ago at costs of $100's of millions.  Now that PGM's have come back around ELR Should be trading at way over $1/share IMO.  GLTA 


"Palladium on its way to $3,000 as supply-demand imbalance grows - analysts" 


https://www.kitco.com/news/2021-04-28/Palladium-on-its-way-to-3-000-as-supply-demand-imbalance-grows-analysts.html



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