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Bullboard - Stock Discussion Forum 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 Discussion

ENERGIZER RESOURCES INC > weak hands are gone
View:
Post by richardtrader on Oct 23, 2014 10:52am

weak hands are gone

no selling into the BID

Price will move north

News or update will be soon enough
Comment by Doingmybest on Oct 24, 2014 10:24am
A large wall is being placed at the ask everytime it drops.  Company doesn't push out too many NRs so the strength associated with something good always diminishes. We saw the same thing in summer 2013.  More is going on behind the scenes than them sitting on a chair waiting for a FS, we (and the market), just don't know what that is.  30 days without an NR and our ...more  
Comment by frewil1 on Oct 24, 2014 11:25am
Ya I agree thats the way its been in this market the last 3 to 4 years , its always the same as the time goes by without news  the more the share price slowly trends back down, brutal to say the least but I guess what else can you exspect when 60 to 70 percent of money has left the spec market . GL
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