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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. It is engaged in re-mining and processing of tailings at the Crocodile River Mine (CRM) and the exploration and development of other PGM and chrome properties located in various provinces in 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 PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam. Its six PGMs are platinum, palladium, rhodium, osmium, iridium and ruthenium. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers northeast of Johannesburg.


TSX:ELR - Post by User

Comment by tdsbon Dec 16, 2023 8:41pm
180 Views
Post# 35788527

RE:Follow The Money

RE:Follow The MoneyIf you have been an investor for quite a few years you know that when the gold bull starts to run that the producers are the first to get the money.In other words they will start to move before the developers and lastly the explorers. This stock is on the big board The TSX, that also makes it a better bet to start to move,before the junior producers. There is a food chain in investing. The sheer fact that Eastern was able to keep it's TSX listing in these difficult times sets it up for a run soon, I think we are seeing the first stage for that, this is the hardest stage because you must be a contrarian and buy in before the herd figures this stock out. Cheers!
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