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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 > Any reasonable chance at all EGZ gets near 20 in 2014?
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Post by Heffmanhere on Jan 09, 2014 4:15pm

Any reasonable chance at all EGZ gets near 20 in 2014?

Like acomplete moron, I bought this stock @ .29 a year ago and it's been in free fall ever since, aside from the short term summer jump...Why I didn't sell then speaks to my inhereent stupidity...

So cutting thru all the BS, all the noise, all the nonsense, all the phony hype etc is there any reasonable chance this dog can get anywhere near 20 cents anytime in 2014?

Put another way, would could possiblu happen that is even remotely realistic in 2014 that would erase the commodity price free fall and somehow bring us out of this misery and also bring EGZ along with it?

I'm sure I sound just a tad fed up, but I'm just tired of watching it, tired of watching it tread water and I'm this close to just selling at 12 or 13 or whatever, learning a huge lesson, take the bath, likck my wounds and move on...

Thanks for listening and letting me vent....
Comment by Doingmybest on Jan 09, 2014 5:13pm
Don't think anyone can give you a proper answer. I don't believe there is a ton of risk holding at 0.125 since financing (errr massive dilution) was done at 0.12. We know the BFS is a priority for 2014 as is mine financing. I'm treating this stock as a buy and hold. No more money is going into it on my end, but I will have patience with it. $420 million worth of graphite is in ...more  
Comment by frewil1 on Jan 09, 2014 6:32pm
Ya I hear you guys this whole junior resourse sector is a disaster, this financing could keep the price down for months, sorry to say, I cant sell now I'm playing this out to the end.  GL
Comment by Eindhoven on Jan 09, 2014 8:33pm
Short answer?  Yes, there is a reasonable chance it could get to 20 cents or beyond in 2014.  There are some potential news announcements that could shock the price up: off take partner, and debt financing for the mine, for two.  And generally anything that takes us materially closer to a producing mine should benefit the price.
Comment by brodeur on Jan 09, 2014 8:29pm
think one more year and you will be surprised at where this may go to (i.e. above 0.29).
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