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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: $1.45 | Change: $-0.05 | %Change: -3.33%
Volume: 117,088 | Day High/Low: 1.50/1.39 | 52 Week High/Low: 2.17/0.60
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0 stars

RE:corporate update?

There should be some update in the next few of weeks as they have to obtain approval from TSX and PRC within 90 days of signature---per their statement: The parties have agreed that certain more
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corporate update?

Mr. Rozier I think its about time for an update on the status of the deal.  rate and reply
0 stars

IN 1.32 ADD

MMMMMMMMMM  rate and reply
5 stars

RE:This despicable market and westerners commit to suicide.

Another point is we have worst CEO in the world. Management team doesn't care about share price, doesn't care about share holders. What they care about is what's the next investment/wasting more
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This despicable market and westerners commit to suicide.

The enemy is from contry within, not from outside. Totally despicable. Speechless.  rate and reply
0 stars

RE:RE:platinum pricing

If these 2015 forecasts are even close, then this stock should be worth much much more late next year! "Meanwhile, TDS favors bullish positioning in platinum. The firm looks for both palladium more
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RE:platinum pricing

Hope the deal gets done.  rate and reply
0 stars

platinum pricing

recent upwards trend on platinum. i like this deal, but the purchaser is getting a steal of a deal. I think by the time the deal is done, the platinum market will be much healthier.  when the more
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RE:Maybe the deal's on the rocks.

I'm half hoping that it won't go through, because my PT is a lot higher than 3.  rate and reply
0 stars

Maybe the deal's on the rocks.

  rate and reply
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RE:RE:RE:RE:RE:RE:RE:RE:RE:Huge Value to the Chinese

The big shareholders NEED to flex there muscles & demand that we all get paid out!!! Where is managements news or details - almost a month & nothing ???  rate and reply
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OK,,, IN $1.35 SOME GO GO $3

MMMMMMMM  rate and reply
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RE:RE:RE:RE:RE:RE:RE:RE:Huge Value to the Chinese

I mean - its crazy that Management has let the stock drop to $1.40. The deal values Company at more than $C3.00. Just close the deal and pay out the shareholders  rate and reply
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RE:RE:RE:RE:RE:RE:RE:Huge Value to the Chinese

I agree - also anything around +/- $3.25 CDN cash - leaves key management a nice profit on their $1.90 options. Management needs to do themselves a favor & shareholders right by cashing out & more
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RE:RE:RE:RE:RE:RE:Huge Value to the Chinese

Management doesnt have enough credibility as a mine builder and sharholder value creator to use this money for another project.  rate and reply
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RE:RE:RE:RE:RE:RE:Huge Value to the Chinese

yeah, buying other assets is a complete waste of time. I takes a long time to build a mine and the commodity long term story is not as appealing as it once was.  Would be very difficult to more
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RE:RE:RE:RE:RE:Huge Value to the Chinese

I agree with you that we might not get full value initially. However, in this market with + 300 CDN in the bank, that is a very attractive prospect and you can buy some pretty awesome assets with more
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RE:RE:RE:RE:Huge Value to the Chinese

I will sell no problem for $225 US + $ 85 US = +/- $ 310 million US x 1.136 exchange to CDN = $ 352 CDN / 92.8 million shares = $ 3.79 CDN / share. Even if you take a low end of +/- $3 CDN / more
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RE:RE:RE:Huge Value to the Chinese

So when the deal is done why dont you just sell you shares? Is that not the same as getting paid out in the form of a cash dividend?  rate and reply
0 stars

RE:RE:Huge Value to the Chinese

As stated by others, this management has lost a huge amount of money on this asset & now wants to "try again" elsewhere on who knows what. Shareholders should reject this deal unless it is an more