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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 tjw4on Jan 01, 2017 11:43pm
175 Views
Post# 25658582

RE:RE:RE:RE:RE:RE:RE:RE: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:RE:RE:RE:RE:RE:RE:RE:RE:Who is scooping up all the +/- $0.43 - 0.44 SharesId assume private, or sell it piece by piece and just burn and steal the cash rather than give it to shareholders.

We can only hope for the small percentage chance that they will now drive the price up and attempt a  resale. This is highly unlikely, if it even approaches a dollar Im out.
Bullboard Posts