ENERGIZER RESOURCES INC T.EGZ

Good News Bad News

[challenger426]

I would have liked to see the Offering Price higher than 14 cents but pay attention to this part of the news release:

The net proceeds from the Offering will be used primarily to fund the production of additional graphite concentrate samples from the Molo Project in Madagascar for distribution to potential offtake groups and end users of graphite which the Company are in advanced discussions with and for general working capital purposes.

[bludogg]

These guys are close to being broke!!! General working capital  =  Salaries for mgmt!!!

[G4General]

Bankable fessibility study out in Q4 of 2014.  That is weeks away.  Solidfying the off-take aggreements are key as the funds relate to that and the molo project.  Also note they even stated that the rasing of funds occured PIROR to the appreciation in stock price.     If you think they are broke you are crazy look at the balance sheet.  The term/ phase are used in

[kkkrrrr]

seems like the PP-conditions were fixed in front of the Tesla-article ... don't blame management for the price ...   the SP was between 12 and 15 cent 1 week ago...  

[challenger426]

Most of the recent volume is between 17 and 31 cents so hopefully investors realize this and not sell off. Date Open High Low Close Volume Adj Close* Sep 16, 2014 0.26 0.27 0.22 0.22 2,729,100 0.22 Sep 15, 2014 0.27 0.31 0.25 0

[frewil1]

This is bad news regarding the next month or two, we most likely will go back down to .14 or .15 cents again our comfort zone, I thought this time it might be different but was still considering selling some but didn't .  

[WolfOfWeed]

can you show me where it was trading at 12.5 cents a week ago. from present to Aug. 18, 2014 the low was 13.5 cents. So the PP was price correctly with not taking into consideration of the recent price appreciation. I am surely jumping in to this play now. Way undervalued. Bankable feasibility study coming out VERY SOON. First mover advantage is with Energizer resources in the graphite industry

[Doingmybest]

If management is writing shares at 14 cents, you might as well wait for the stock to get back to 14 cents. FS is due out in November. To buy now and believe it is a discount, you are believing that something will happen in the next month before the FS is released.  Long time EGZ supporter but the stock will fall further, it always has. 

[pronniemk]

What advice u have for people holding a bad at 26c????

[JDTRADER888]

Going to wait this out until we retest new level of support .Nevertheless ,stock is holding up well,considering this new round of financing...atb