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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 > .11CAD, -15%
View:
Post by Jay8989 on Jul 28, 2014 11:14am

.11CAD, -15%

Salve

Why the plunge? Does anybody have an idea?
Thx
Cheers
J.
Comment by frewil1 on Jul 28, 2014 11:35am
It's been house 79 selling 500 share lots and constantly  bringing the share price down, he usually does this the last minute of the day, but it's only a little bit of noice Energizer has to complete the FS and sign an offtake for anything to happen here, this could be like this for another 4 to 6 months.  JMHO
Comment by Doingmybest on Jul 28, 2014 11:43am
Don't worry about movement on low volume, it won't last. 15.38% drop on 500 shares is just the deck shuffling. With asks in the 13 range it will come back soon enough.  Could keep treading water until the FS is ready. 
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