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Eastern Platinum Limited T.ELR

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals
Alternate Symbol(s):  ELRFF

Eastern Platinum Ltd is a platinum group metal producer. It acquires, explores and develops platinum group metal (PGM) properties located in various provinces in South Africa.
Price: $1.13 | Change: $-0.01 | %Change: -0.88%
Volume: 383,100 | Day High/Low: 1.17/1.13 | 52 Week High/Low: 1.20/0.55


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I am richer than I think!

Up +102405! Oops, forgot the start of the shares consolidation....Back to the beach.  rate and reply
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Should get under a buck today.

  rate and reply
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RE:RE:RE:RE:Sold last 270K today... just not sure which way this will go

Morningstar has them buying 500,000 @ 11 cents back in March 31, 2014.  rate and reply
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RE:RE:RE:Sold last 270K today... just not sure which way this will go

(Replying to all 3 posts in this thread). Too risky to sell is what I see. ELR went almost 0.30 when the platinum price moved above 1700 early last year. Sometime within the next 2 years the supply...read more
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RE:RE:Sold last 270K today... just not sure which way this will go

Most do go bad after consolidation, when the finances of the company is in  bad shape. This should not hold true for ELR.  With almost 1B shares outstanding and with a share price of 11 cents...read more
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RE:Sold last 270K today... just not sure which way this will go

I'm out as well , I haven't seen a consolidation yet that went well.  rate and reply
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Sold last 270K today... just not sure which way this will go

have been on the losing end of reverse splits to many times beffore, and this one has many more gymnastics associated with it. Will wait for the smoke to clear. GTLA  rate and reply
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CONSOLIDATION IN PROCESS

If you see your ELR account in the $millions this morning, don't believe it. It will settle down soon to where it should be.  rate and reply
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RE:RE:RE:RE:RE:RE:Re

It's about time ELR rolled back. Nobody wants a diluted stock anymore trading at less than 20 cents. In fact, I believe any company on the TSX/TSXV should be forced to roll back if they have more than...read more
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RE:RE:RE:RE:RE:Re

It is this way: 1) 28,500 2) 28,500/1000= 28   + 500 3) You will receive 500 X 11 cents=$55 into your account by your brocker 4) the 28 will be mutiplyied x100=2800 post consolidation shares 5...read more
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RE:RE:RE:Re

C'mon. If you read the NR you are walked right through the math and the process. For every 1000 shrs you have now, you will get one new shr. For every new shr you will get 100 "newer" shrs. Net...read more
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RE:RE:RE:RE:Re

I asked an honest question - I am confused about how this consolidation/split will work. My calculation below is based on using the same rates (.115 & 1.15). I have an account with 28,500 shares...read more
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RE:RE:RE:Re

Get lost.  rate and reply
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RE:RE:Re

Thank you for the info. However, if you owned 10,500 shares the 500 shares would be at .11 per the news release. If you were to sell those 500 today at .115 (rather then .11) what happens.  rate and reply
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RE:Re

1) Till Friday the 18th you will still own 10,000 shares of ELR..worth, lets say @ 11.5 cents/S. 2) On Monday the 21st you will own 1000 of ELR shares, worth, lets say $1.15/S  rate and reply
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Re

I understand if u had 10000 shares u will have a 1000 after consolidation, but will that amount go up with the split immediately after consolidation or is it included already  rate and reply
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RE:RE:RE:RE:RE:RE:RE:RE:RE:perfect storm for steep short term rise

I guess the news release was not accurate: This is what I found.. 1) Last day to trade under old ISIN Friday, 18 July 2014 2) Trading under new ISIN in the altered shares commences Monday, 21 July...read more
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RE:RE:RE:RE:RE:RE:RE:RE:perfect storm for steep short term rise

"Shareholders holding less than one full share post-consolidation are entitled to a cash payment of R1.04 per share of their holdings on a pre-consolidation basis." What does R1.04 refer to - It can...read more
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RE:RE:RE:RE:RE:RE:RE:perfect storm for steep short term rise

Eastern Platinum’s share consolidation approved Eastern Platinum Limited has received approval from the Toronto Stock Exchange to proceed with its stock consolidation and stock split.   ...read more
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RE:RE:RE:RE:RE:RE:perfect storm for steep short term rise

Why is what?  rate and reply