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.

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Eastern Platinum Ltd.

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Comment by colt451on Apr 02, 2015 1:16pm

106 Views

Post# 23592233

RE:RE:RE:RE:RE:RE:RE:elr value

An investor group just recently bought over 5% of the shares at under $1.60 if memory serves - so it would absolutely be in their interest to call a shareholders meeting to force the cash be distributed. That's an easy double for them. We'll have to wait and see what happens, lets face it the market has almost 0 confidence that this merger is going through which is why we are trading at 50% what we should be trading at.

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