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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 Dec 23, 2016 12:40pm
70 Views
Post# 25640490

RE:RE:RE:RE:RE:RE:RE:RE:Who is scooping up all the +/- $0.43 - 0.44 Shares

RE:RE:RE:RE:RE:RE:RE:RE:Who is scooping up all the +/- $0.43 - 0.44 SharesWhat other alternatives are there at this point? Someone has to get the job done. All that Ka An has done thus far is just sit on their hands with their lips sealed and behaved in a self serving way at the expense to the share price and shareholders.

Now, maybe they did this because of the confidentiality of their intentions + the pending HZT lawsuit (because I am pretty sure anyone with good legal council, which KA has, would smell it coming). But OTOH, I doubt it because it comes back to the voting %'s. A collective group were working together at the expense of other market participants. And now their plan has backfired. 
Bullboard Posts