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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

Bullboard Posts
Comment by scissors14on Jun 14, 2012 11:44pm
222 Views
Post# 20016614

RE: RE: A Problem Here is...

RE: RE: A Problem Here is...

In the end for shareholders it's about the amount of profit divided by the number of shares out.  It appears EGZ will have 300 million plus shares out by the time it is producing.  Looks like a great property to serve Asian markets, particularly India, but the share structure is poor.  Management should bite the bullet now and clean it up.

The property looks too good to be a penny stock, but the share structure will keep it as one for the foreseeable future.

 

Bullboard Posts