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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 May 12, 2016 5:15pm
144 Views
Post# 24867782

RE:RE:Price vs Vol

RE:RE:Price vs Vol
Still not sure who's connected to who if at all (Hebei - Ka An), or if this is just another entity trying to make a move (Ka An) as it looks that way, or if Hebei may try a different approach to try reduce overall cost of a deal, or if Hebei is even still in play (hopefully this forces their hand), or what Harrington's move will be ect ??? Maybe Harrington won't like the Ka An scenario & will make their own move. I suppose this could still play out a few different ways. My hope is that it gets resolved one way or another soon. Options are at $1.90 so it should be North of $2.50 imo. Close the best deal & payout the shareholders - they can all have my shares at $3 right now - lol... here's hoping !!!!
Bullboard Posts