ENERGIZER RESOURCES INC T.EGZ

looks like huge sell off...

[pronniemk]

cheap shares available...grab on em.... :-)

[WolfOfWeed]

not my industry but, The sell off or their lack of is one or two day traders which liquidated there shares at the open. To scare people into selling their shares so that they can buy back in at cheaper levels. As you can see the price is recovering nicely.

[Doingmybest]

A pullback is normal after 3 days where you move over 100%.  This doesn't worry me, I'm waiting for someone to want our 500 million (guestimate of PEA + new purity + increased tonage) mine and for the share price to adjust accordingly. Until we have a buyer, we don't have much value and these changes of a few million are noise.

[frewil1]

Ya I agree without any news released in the next little while this will drift down below .20 fairly quickly here, seen this play out at least a hundred times with these spec plays in the last couple of years, but the most important thing with me is if the company keeps moving forward.  JMHO

[GuyInPhoenix]

Agree... it got short term overbought and each individual must decide whether this is a trading vehicle or investment.  From my perspective, if you look at the NPVs of the handful of companies that are best positioned in the sector, then the stock prices have just now gotten out of the starting blocks.  We are still in the infancy of the growth that the sector is going to experience

[Doingmybest]

Yep. One thing to add is about Tesla. Heard lots of comments that "they will only buy NA graphite". Truth is that this is idealistic. Tesla won't slow the gigafactory if not enough NA graphite can be bought.  Even if the stars align and Tesla only needs NA graphite, they will soak up so much supply that other companies will be forced to look elsewhere. We are well positioned

[G4General]

Realistically Telsa could say the want NA graphite.  Fact is there are currently zero mines in NA with grahpite mines.  To even get one mine operational it will take 4-6 years, if everything is on time from drilling to testing to enviornmental studies to fesibility studies to rasing money to bankable study to actually building a mine and etc.   Telsa currently gets the graphite

[gulfstlawrence]

Tesla = North America

[dukabor]

Dont ever forget  TESLA is a  US  company , they will be bouying they graphite from a  US state  Like ALASKA  .    GPH  is com to mined !!!!!   They are closer to open they mine then you think 1 Just something to think about !!!

[G4General]

Too bad tesla is buying their graphite from china.  Why? Because 100% of graphite is imported.  The graphite in North America is not up to the high standards which tesla needs it to be at.