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Eastern Platinum Ltd. T.ELR

Alternate Symbol(s):  ELRFF

Consumer Cyclical Metals & Mining Industrial Metals & Minerals
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
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(7)
•••
Comment by FreedomFun55on Jan 10, 2017 1:49pm
126 Views
Post# 25689649

RE:RE:RE:RE:RE:RE: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:RE:RE:RE:RE:RE:RE:Who is scooping up all the +/- $0.43 - 0.44 Shares"Otherwise, Ka An and the management coup is just smoke and mirrors. It really smells of nothing more than a game of control. "

That would make the most sense given KaAn's entry point & the $1.05 options ect.
Hopefully they are just a middle man & will flip for a nice profit.

All the other scenarios don't benefit us & will likely lead to class action & more lawsuits.

Its been an interesting chess game for these guys, should find out soon who wins!

The "control to sell" &/or "vulture" senario's leave hope of a nice pop one morning.
+/- $2/share is not unrealistic (for the works) if done "fairly" imo. 

The more PGM's climb while we wait, the higher that value should be - guess we will see...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities