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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 tjw4on Jul 25, 2016 12:24pm
170 Views
Post# 25081841

Update

UpdateHeres some information I have.

1. That sale will be cancelled it was not done in good faith.

2. Hebei is a generic name of many companies within China.

3. Harrington owns a lot more shares than they claim to own under various names.

4. GoldenDilemma is correct, it is a big intertwisted incestual affair where all of these names that have appeared under Hebie, and KA are all affiliated with each other and theres some shady stuff going on and nobody really knows whats happening.

5. A sale is still going to happen that will benefit us all its just a matter of time.

6. There is no risk of a hostile takeover as noone is selling. A massive amount of the shares are owned by people bay street hedge funds, harrington, and KA and noone is selling to each other, so it will have to be private transactions.

Still in more meetings this week, Im sure a lot has slipped my mind so ask away.
Bullboard Posts