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Eastern Platinum Ltd. T.ELR

Alternate Symbol(s):  ELRFF

Consumer Cyclical Metals & Mining Industrial Metals & Minerals
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
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(1)
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Comment by tjw4on Jul 28, 2016 6:06am
77 Views
Post# 25090813

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Rumours

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RumoursLook I dont care if you guys believe me or not....but heres a few facts.

Many institutional owners own this thing under various names, HArringtons 19%, is more in the high 20s with other names owning the other %'s.

They may have just not voted at all for all I know after they saw they were losing or they may have turned and voted with the winner as they had no other choice. What I do know is they wanted status quo badly and started buying up more shares under shadow names.

I only know what my hedgeys tell me and they would not decieve me, there is no purpose in that. At the end of the day like I said does it matter who voted for who or who owns how many, what matters is we have new management and we are gettting less stealing of funds ofr personal use now (we hope) and hopefully a sale.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities