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Bullboard - Stock Discussion Forum 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 Discussion

ENERGIZER RESOURCES INC > EGZ VS ZEN One thing I havent read
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Post by checkmate28 on Aug 03, 2013 10:02am

EGZ VS ZEN One thing I havent read

Look at ZEN,S press from 3 days ago. All their results start from 50 meters or deeper. Many are starting at 3 - 4 hundred meters. While that veiney graphite might be easy to process, its going to be costly to get through all that over burden dont you think? 

EGY'S graphite starts at surface and their drill results stop at 3 - 4 hundred meters because they wanted them to. they are interested in the easy, near surface, pitable resource. Simple float and leach yields the 99.9 % purity for Energizer.

 One more thing doesnt make sense. With that big share price and market cap that Zenyetta carries plus all that press and marketing, don't you think they would have a PEA study by now if it would help their cause?

  Other than jurisdiction, looks like Energizer has them beat from all angles.

Checkmate28
Comment by dredredre79 on Aug 03, 2013 2:33pm
interesting I think ur right....I think ppl are forgetting the reason why there is so much interest in zen and their lump graphite...it's easier and less costly for production. if another can achieve same purity via flake using cheap method to do so, isn't that just as good? unless lump has greater purpose and applications? didn't think it does. not to mention the cost to mine if it ...more  
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