ENERGIZER RESOURCES INC T.EGZ

Huge volume today!!! What's up with that.

[G4General]

Someone big is accumulating.  Could it be JP Morgan again, adding to their position.

[juniorcal]

that's how it looks, huge upside potential at this point when stock screeners notified the volume and checked the FS results by next few days.

[tiger6301]

Huge volume with SP down, that doesn't look good, if anything is good coming, JMO. I am disappointed with the SP' reaction with the release of FS, maybe everyone is waiting the off-takes? What else? tiger

[juniorcal]

it could be the automatic sells got triggered by that 2,500,000 transaction

[frewil1]

Ya I agree this just looks like dumping, with volume like this if people want in it should be going up, like I said before if months go by and no offtakes or financing deals then it's not going to fly, remember they have been getting their product out for along time now and if this starts to drag on this will also put production time further down the road also, we are now trading lower than

[Doingmybest]

Patience for those who have averages in the teens. The FS stated that they'll ship 53,017 tons of concentrate at an average price of $1689 when up and running (2017 so far). This is a $89.5 million revenue per year company.  Price to sales ratio for American mining companies is an average of 1.29 (found on Google).  These sales multipled by the ratio given above generates a market