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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 twosenseon May 26, 2010 10:42pm
330 Views
Post# 17134762

RE: RE: RE: From Parts Unknown: Redstockwolf

RE: RE: RE: From Parts Unknown: RedstockwolfAnon and National bought almost all .10's, 11's today and CIBC was not as prominent as usual but made some positioning plays. 2 out the the "big 3" bought everything between .10-.13 which would give me a "non- conclusive" open however... a big trade went through today that moved the stock that involved all "3" making a move buy at the exact second so it suggests it  was accumulated most of the day after long position from yest was sold and then remaining stock sold at low to no profit to drive it down. It was a relatively low volume day but the "big 3" bought it all. If we pull back its .02 at the most and if so its a 0.10 run. if no pullback its 1.15+ tomorrow. If it gets pulled back by the "big 3" and then held down and accumulated  then its 1.20's at some point by fri close. If u get the chance to buy in the .00's i suggest u take it.  This is my last posted analysis. GL ALL
Bullboard Posts

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