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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 FreedomFun55on Jan 12, 2016 3:59pm
73 Views
Post# 24451190

RE:RE:On or off?

RE:RE:On or off?The calm before the storm?  No action, No volume, No news - just hurry up & wait...
- The propesed 2nd "Final Date" of Dec 31, 2015 has long passed
- No news from the Department of Mineral Resources
- No news on the Hebei shareholders issue
- PGM's in the crapper in US$'s, but not so bad in Rand terms (+/- same as when the deal was made in Nov 2014) https://www.bullion-rates.com/platinum/ZAR/Year-1-chart.htm
- As stated - Ian buying some shares recently - i think +/- 200,000
- Sedar shows he also has a whack of options at $1.90

Just speculating, but you would think we would hear something soon one way or another...
Just seems way to qiuet for nothing to be up - imo - GLTA longs


Bullboard Posts