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 GoldenDilemmaon Oct 02, 2016 9:42am

90 Views

Post# 25299534

RE:Prediction

We are well past the record date for shares. My understanding is that the shares you own as of the record date, is the amount of shares you are elegible to use for your vote.

You canot (after the record date), buy more shares hoping to increase your position. The same thing applies with dividends.

One thing to note is that we've had some rather large volume days after the record date. Someone is accumulating. Even our volume on Friday was quite siginificant as it was 10x the average.

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects