Seeking value through the mining and exploration of our PGM and chrome assets in South Africa

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Bullboard - Investor Discussion Forum 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... see more

TSX:ELR - Post Discussion

Eastern Platinum Ltd. > "Sibanye Stillwater Says Platinum Rebound Will Last" ...

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Post by FreedomFun55 on Jan 19, 2021 5:25pm

"Sibanye Stillwater Says Platinum Rebound Will Last" ...

"Sibanye Stillwater, the world’s top platinum miner, said it expects the price of the precious metal to climb more than 80% over the next four to five years as the globally economy improves and supply shrinks. “Platinum has only just started to re-rate and it will continue,” CEO Neal Froneman said. “There is no reason why platinum will not eventually trade at $2,000 an ounce and probably even higher.” Bloomberg reports the metal has nearly doubled since its 18-year low in March due to supply disruptions and growing demand from China for use in pollution-control devices."

https://www.kitco.com/commentaries/2021-01-19/Gold-SWOT-Sibanye-Stillwater-Says-Platinum-Rebound-Will-Last.html?sitetype=fullsite

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