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

Comment by FreedomFun55on Aug 09, 2016 2:57pm

84 Views

Post# 25123580

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Harrington

I don't like that now there has been a 2nd private liquidation by a major shareholder & not at any great premium. Is there still a chance for a reasonable premium to the average Joe here or are we just sheep that continue to watch as these assets slowly get jacked for peanuts. And what's the story on Rozier - why did he bail so early - what did he know - where did he go ??? this was his baby with a few more golden parachutes built in to his contracts under any sale. Is this all linked together??? Fingers crossed us retail holders can still get out after the dust settles at a reasonable valuation.

Bullboard Posts

Two micro-cap stocks with strong fundamentals