Post by
checkmate28 on Aug 03, 2013 10:02am
EGZ VS ZEN One thing I havent read
Look at ZEN,S press from 3 days ago. All their results start from 50 meters or deeper. Many are starting at 3 - 4 hundred meters. While that veiney graphite might be easy to process, its going to be costly to get through all that over burden dont you think?
EGY'S graphite starts at surface and their drill results stop at 3 - 4 hundred meters because they wanted them to. they are interested in the easy, near surface, pitable resource. Simple float and leach yields the 99.9 % purity for Energizer.
One more thing doesnt make sense. With that big share price and market cap that Zenyetta carries plus all that press and marketing, don't you think they would have a PEA study by now if it would help their cause?
Other than jurisdiction, looks like Energizer has them beat from all angles.
Checkmate28