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Eastern Platinum Ltd. T.ELR

Alternate Symbol(s):  ELRFF

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

Bullboard Posts
Comment by GoldMan22on Jul 07, 2010 9:31pm
349 Views
Post# 17252382

RE: RE: Jim Rogers says: " Buy Platinum"!

RE: RE: Jim Rogers says: " Buy Platinum"!Eh Sunshine, platinum up overseas to $1533, not bad for traditionally "seasonal downtime" for platinum.

FYI sunshine, economies in several parts of the world are still doing fine!

GM Sells More Cars in China Than in U.S.

https://www.insideline.com/buick/gm-sells-more-cars-in-china-than-in-us.html

33% of Chinese Drivers in 2009 Got Their License in the Past 3 Years

https://chinfographics.com/2010/07/05/33-of-chinese-drivers-in-2009-got-their-license-in-the-past-3-years/

Platinum Futures (PL) Seasonal Chart

Platinum Futures (PL) Seasonal Chart

The above chart represents the seasonality for Platinum Futures (PL) Continuous Contract for the past 20 years.

  • Date range: January 1, 1990 to December 31, 2009
  • Type: Commodity Futures – US
  • Symbol: PL
Bullboard Posts