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

Eastern Platinum Ltd.

Bullboard Posts

Post by gskohlion Oct 14, 2010 1:15pm

496 Views

Post# 17564702

Raymond James raised ELR target to $2.10

Today, analyst firm, Raymond James raised ELR target to $2.10

Big voulme, big investors are showing their hands and has started again investing in ELR.

I am still holding my 20 K shares and I have set up my selling target above $2.00
Platinum prices are also moving in upward direction which is also a very good sign for ELR.

Big buying, and huge accumulation of large blocks of shares show that there is something cooking very big.

Quarterly financials are also due anytime and I am very confident the numbers are very good and sound and the share price will definetely rise to above $2.00 very shortly.

Bullboard Posts

New Found Gold begins surface trenching at Queensway