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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

Post by riverrockon Sep 14, 2013 8:38pm
568 Views
Post# 21740927

My personal opinion

My personal opinion

Byron's comments made concerning our Vanadium Project carried over and created a lack of confidence which was reflected in our share price.

Energizer possibly added to the problem by voting in the authorized increase in Capital
Stock, but that could have been an emergency move, as under the share price situation we require funds to move Molo to production and too later move the GG Vanadium project forward. Look at Largo Resources with its present 900 million outstanding shares who soon will be going into production.

Byron made comments in their ELECTRIC METALS Green Book 2012 related to Energizer,
such as: Uranium, Vanadium, and now… Graphite? and Dependent on Someone Else’s Infrastructure.

My comment: Most everyone is dependent on someone else's infrastructure. How would we get to work daily, or how would Madagascar improve it's economy if not partnering with industry to build further infrastructure such roads, rail and power generation as was done on the Ambatovy Nickel Mine and other Malogasy projects.

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