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 tjw4on Apr 28, 2016 7:47am

88 Views

Post# 24818999

RE:RE:RE:buying done?

I highly doubt it has to do with a fund buying it just on a whim, or because they want a high volatility mining stock. What fund looks for this?

I also doubt it has anything to do with the record date as my friends on bay street didn't even know a Sedar was released til I told them, they are paying virtually zero attention to this stock other than having the price in front of them, and to see a 15% gain for them is nothing because they are playing this for a 2-3bagger vs the risk of -50%.

I'd guess something is coming.

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