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ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."


TSX:EGZ - Post by User

Comment by Andrew82on Jun 11, 2013 10:23am
103 Views
Post# 21510540

RE: Only claims

RE: Only claims

I think you will continue to see a lot more 'World Class Graphite' deposits because this sector is in it's infancy and the industry has only in the past 10 years (or less) tried to delineate graphite resources that were previously disregarded as being worthless.

The fact is that there is a lot of graphite in the ground throughtout the world!

Once a few of the better deposits are outlined and global demand figures itself out a few of these stocks have interesting stories.

As for EGZ, they seem to be trying to beat everyone to the finish line, and I expect it's because the deposit isn't going to turn out as one of the 'stronger' ones globally once everyone catches up. 

Political issues in Madagascar and shady management only hinder the price further.

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