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

Eastern Platinum Ltd.

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Comment by GoldMan22on Feb 24, 2010 5:51pm

414 Views

Post# 16816977

RE: Raymond James Strong Buy

Totally agree. ELR will really run ver the next few months! Want some proof:

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

Platinum Futures Continuous Contract Seasonality

Analysis has revealed that with a buy date of October 4 and a sell date of May 23, investors have benefited from a total return of 761.53% over the last 10 years. This scenario has shown positive results in 10 of those periods.

The buy and hold return for the past 10 years was 289.98%.

Source: https://www.equityclock.com/charts/platinum-futures-pl-seasonal-chart/

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