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

Comment by vincentmtlon Aug 03, 2016 12:12am

108 Views

Post# 25105005

RE:RE:RE:Seems no confidence in new team

My question is why Ka An wants to buy ELR at price of 1.18? For the current situation, they should continue to buy ELR shares. Actually, Ka An don't need to use much money and can add more share at much lower price. Good to Ka An and good to current shareholders!!

Ka An controls the company right now, but this control is fragile, weak and unstable. I think if the performance of new admin team is bad, they will lose their job soon.

Hope have a better future for ELR.

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects