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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 StoogeNo4on Nov 15, 2016 10:53am
88 Views
Post# 25462479

RE:Nice article with positive analysis of FEED study.

RE:Nice article with positive analysis of FEED study.While waiting is prudent, you should ask yourself at least a couple of questions.  First, why are they still operating under an exploration permit?  This is all they've had for many years.  So they're going to build this plant that is severely limited in output capacity not by the plant itself but because of government restrictions?  Second, why would you think a partner would join us if there isn't a full fledged mining permit in our hand?  Yes, the company published something that said they hope to have a strategic partner in December.  Of course they can publish that becasue they have an out.  They can't control that any more than you or I can.

The company does not (and will not because the rules don't require it) provide us with a breakdown of costs for which they intend to use the money fromthe last massive dilution.  How do we know how much of the dilution is going toward a plant and how much is going toward other things?

WDriscoll, you've been in this for at least as long as I have.  You should know better.  Send a clear message.  I'll lay odds that there is no announcement of a strategic partner in December.  "Fool me once, shame on you.  Fool me twice, shame on me."  "Shame" doesn't cover it anymore.
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