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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
Post by vincentmtlon Jul 10, 2016 11:30am
151 Views
Post# 25039127

eastern platinum future

eastern platinum future
For these guys who want to get profit from the assets sale, they will disappoint, in my opinion.

Before 13 million dollars transfer to minority shareholders, I think the best choice for ELR is to take over a gold company using ELR cash treasure. I am really disappointed to the former management team and they didn't nothing and just suck the shareholders blood shamelessly.

In short or long term, gold will go north for sure because US continues to print money, China also. EU and Japan are now in negative rates. Every ten years, economy always has some kind issues, even worse. And gold has kind of currency feature.

More and more gold companies will be saved because of gold bullish. But ELR has lost chances to take over gold companies because former ELR management team did nothing.

I hope you guys could make a phone call to Peter M. Clausi Tel: 1-647-345-3146, and express your opinion!!!
Bullboard Posts