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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

Comment by ndmdriveron Dec 12, 2014 2:05pm
200 Views
Post# 23224931

RE:This may be time to buy

RE:This may be time to buyAll of the ventures that you mentioned are waining from the speculative investment and entering the production phase of their mines.  They all have to develope their resourses and require finaincing, offtakes (other than MOU) and delution. Typically their SP indicates the phase they are in, the only thing that would carry the stock to the moon would be a take over or outright sale of the resourse. IMO

With that being said EGZ could bounce with an offtake agreement and finiancing and from these levels that would be a significant reason to boost the SP.  None of the Ventures you mentioned have an offtake in hand, if EGZ could get an offtake.......wow?
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