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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
Comment by GoldenDilemmaon Oct 17, 2016 2:28pm
88 Views
Post# 25352276

RE:RE:RE:RE:News

RE:RE:RE:RE:News
FreedomFun55 wrote:
Agree 100% ! Per our speculations, news is likely coming soon & then we will finally know KaAn's intentions (AND our fate). I am biased after holding so long, but still have to believe there will be a scenario with significant share price appreciation. +/- 75% of the shares are still owned by parties other than KaAn (that we know of). I am assuming these larger shareholders will only support actions that will benefit their original investments AND at some point they need to be able to actually exit/sell their large positions to get any cash out (a Buyout offer ect). All of the scenarios you listed are very possible as well (but as you stated - none of those will help the share price). Either way, us small guys are just along for the ride.


Given voter turn out, I am under the impression many of the big boys dissented. 
Bullboard Posts