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.

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Eastern Platinum Ltd.

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Comment by tjw4on Aug 13, 2016 12:25am

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Post# 25138306

RE:RE:RE:RE:RE:RE:RE:Concerns

Yes there are a few other funds that own smaller %s in the 2-5 area. I did not know harrignton sold that many shares that is news to me. As I said though, Harrignton owns more shares than what is listed under the groups name.

Surprising they would sell at this price though. Maybe they don't see it as profitable any longer as they do not have their fingers in the cookie jar at the moment.

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