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TSXAlerts > Group's Default Discussion > Eastern Platinum 12.5 cents View modes: 
  • Eastern Platinum 12.5 cents

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    5 stars

    ELR.T now trading at
    .125 is shocking ! This PGM producer is trading at cash value of approx. $130 million with $1/2 Billion in capitalized property, plant & equipment. They are losing money on production but this valuation makes no sense. Their resources are higher grade, shallow, and proven. I suspect if it stays this low too long they will become a takeover target for someone like the Chinese or a major in the region looking to consolidate resources and facilities.  Tonnes of liquidity at 12.5 and 13 cents


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