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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 colt451on Sep 16, 2015 12:36pm
129 Views
Post# 24109020

RE:RE:RE:RE:RE:Approval for ALL ASSETS

RE:RE:RE:RE:RE:Approval for ALL ASSETSWell first, yes Hebei has agreed to split the deal and extend the transaction date, this was agreed to on June 8, 2015 (I've been following this looking for a re-entry point). 

Second: The only real issue left here is that (1) no one trusts the Chinese, and (2) the DMR may rejet us 

Third: Why Harrington? They are 1% off of entering takeover territory, that is clearly their intention which is why the shareholder rights plan was removed. 
Bullboard Posts