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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

View:
Post by riverrock on Nov 15, 2016 2:40pm

WDriscoll

WDriscoll, below is an excerpt of one important point from the link you posted earlier. https://investorintel.com/technology-metals-intel/energizer-demonstrating-the-way-to-go/

excerpt:

With cash in hand of nearly half of the required spend and the IFC getting behind the bigger project and offtakers nibbling at the bait, the ducks appear to be getting in a row for what was one of the less trumpeted plays in the Graphite space.

-----------------------------------------------

My positive thoughts

The IFC is a member of the World Bank Group, the largest global development institution focused exclusively on the private sector in developing countries. )

In addition the Major Institutional Shareholders, JP Morgan, VR Capital and Dundee have a combined interest in Energizer Resources of ~34%.
These are Multibillion Dollar Firms and their holding's in Energizer Resource's shares should be a mark of their confidence in Energizer's ability to perform.

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