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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 riverrockon Dec 12, 2016 6:12pm
145 Views
Post# 25588745

RE:RE:RE:GREAT PRODUCT BUT BADLY MANAGED

RE:RE:RE:GREAT PRODUCT BUT BADLY MANAGED

I was trying to bring out what occurred by posting the First, Second and Third Points, which I feel were a good part of the reason's that lowered EGZ's price and created further dilution after the 156.7 million shares issued by June 30, 2012.

 

In reference to the “Bold decision” Article, I interpreted it as EGZ took a chance. That chance was the" Bold decision” which thus far seems to have failed, mainly by the dilution that followed.

 

In any event the article was positive about Madagascar and Molo's Graphite qualities. In addition she wrote “Furthermore, Madagascar’s distance from all Africa’s conflict zones provide investors with confidence in the project’s stability.“which made me think of Syrah in Mozambique. Also Triton who is also in Mozambique started trading again. 

 

Companies developing mines take risks as those investing in them.

 

Good Luck to All.

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