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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. 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 world’s PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource from the Barplats Zandfontein tailings dam and mining and processing ore from the Zandfontein underground section to both produce PGM and chrome concentrates. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers (km) northeast of Johannesburg. Mareesburg is an open-cut PGM project on a 2,129- hectares area in the southern part of the eastern limb of the Bushveld Complex, in the Limpopo Province of South Africa.


TSX:ELR - Post by User

Bullboard Posts
Comment by mick1455on May 08, 2008 10:13pm
186 Views
Post# 15054299

RE: Sold my position today ...

RE: Sold my position today ...

I have great faith in this Company. They have overcome some difficult problems of late. Their determination to keep this ball rolling is awesome. I realize that platinum is taking off again but I need to keep in mind that silver maybe taking platinum's thunder as they are now trying to produce catalytic converters replacing plat with silver. We'll have to wait and see. Either way I have them both covered.
Bullboard Posts