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.

Bullboard Posts

Comment by twosenseon Jul 17, 2010 1:18am

403 Views

Post# 17276508

RE: ELR Brok3r Tradin' Summ3ry

So many new faces. ELR is a heavily manipupulated by fund managers and can easily produce 5-7% twice a week both ways if u follow house positions. IF u are new and stuck low $1 i suggest u average down and wait a week to break even and bail out. THIS IS A FUND TRADED STOCK !!! Anon, CIBC and National have changed their game but they are still playing it. PAY ATTENTION!!! If u still own well over $1 then i suggest doubling down for a side pot or averaging down to bail out at less of a loss. Its not hard to know when its cheap its just hard to hit the buy button. .01 is more than 1% now so have some fun!

Bullboard Posts

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