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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 May 01, 2017 1:42pm
174 Views
Post# 26187866

RE:RE:RE:RE:Fun & Games

RE:RE:RE:RE:Fun & Games
Jimmy2014 wrote: On paper this company is worth multiples of current share price, but these 'opportunistic operators' are the going concern here.

I just contacted to BCSC (1-800-373-6393) about the bi-weekly reporting period for ELR asking for a timeframe and if it should have been filed by now.  After some ha's and hmm's he all of the sudden said I was 'breaking up and could not hear me on the phone.'  Then said to contact the company and went back to his 'you're breaking up-I can not hear you' routine (I get the same line from Revenue Canada scammers when I ask them for their number).  

I wouldn't place any trust in the BCSC--as for contacting ELR it is useless advice as they simply do not respond to emails.

Any feedback from others on whether emails from ELR are returned or in dealings with BCSC?


I have been in touch with regulators for months and have provided them with a lot of documentation from both Canadian and Chinese sources. They are useless, but, I am not surprised because:

a) ELR is not a mega cap company
b) nobody is suing ELR
c) regulators got bigger fish to fry 

I spoke with BCSC this AM as well and chewed the guy out asking how these guys can get away with not filing a bi-weekly and he gave me as half a s s e d a response as what you received. Likely we spoke with the same person :)

And, yes, of course, ELR is worth way more... but, this is irrelevant at this point given the circumstances of what transpired in the past year. 
Bullboard Posts