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

Post by vincentmtlon Aug 02, 2016 2:29pm

146 Views

Post# 25103340

Seems no confidence in new team

One month has passed, but we have much lower share price than one month ago, almost lost 50% percent of market value. Although platinum is 1170 per ounce!

What confused me is company website is still under construction and alway "new website coming soon". From website, there is a telephone number 1-647-345-3146. I called several times, no one answered my call.

In the market, frustrating sale continues. Who will know the botom? No one. It seems that in this world we can't find a qualified management team to operate ELR and let the shareholders have confidence in the future of ELR.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week