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Eastern Platinum Ltd. T.ELR

Alternate Symbol(s):  ELRFF

Consumer Cyclical Metals & Mining Industrial Metals & Minerals
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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Post by colt451on Jan 24, 2012 8:58pm
576 Views
Post# 19444658

No reaction???

No reaction???

So we got nailed this quarter (sorry if I havn't introduced myself, I have a position at 0.62), anyways, I'm in until 2013, I'm not expecting the double in production but I am expecting 1.5X which should provide a healthy return around 2.00. What I'm wondering is why is everyone so quiet on this board? Are most people at 1.00+ so there just hanging on? What are people's mid to long term targets for elr?  

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities