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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 > Graphite mine in production by end of 2017
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Post by goodtoreadthis on Mar 06, 2017 11:50am

Graphite mine in production by end of 2017

ENZR is acting wholly different from all the other graphite companies in that it keeps moving forward while the others talk a good game. 

That it has been able to attractive a sizeable number of big name investors and also get big blocks of cash from some reputable firms like Dundee, tells me that this investment has a chance to work. 

The words of the latest press release were encouraging
Craig Scherba, P. Geo, President and CEO of Energizer stated, "The decision to initiate detailed engineering indicates the advanced stage that Energizer has achieved in the development of its Molo Project and our expectation that we can achieve our goal to begin producing graphite by year end. The addition of Mr. de Bruin to our already solid engineering team signals yet another major milestone in the development of the Molo mine. The proven track record that Johann and Robin have in delivering complex projects in complex jurisdictions will further aid to reduce the overall project risk and is a differentiator to the many projects out there where management may lack the experience in delivering a mine. Investors can take great comfort in the fact that Energizer's team has the proven experience to deliver the project once funding is secured".
Comment by StoogeNo4 on Mar 07, 2017 10:20am
And yet they haven't obtained a mining permit.  And yet, they haven't attracted any partnerships.  They're still saying they're close to an agreement; but they've been saying that for several years.
Comment by goodtoreadthis on Mar 09, 2017 2:04pm
Yes but they got the scots at Dundee to invest $6 mil last Sept and scots hate to waste even one red cent.  The new hires may know who has to be paid to get the permits.  Lots of shady happenings in developing countries. 
Comment by goodtoreadthis on Mar 09, 2017 2:05pm
Yes but they got the scots at Dundee to invest $6 mil last Sept and scots hate to waste even one red cent.@ The new hires may know who has to be paid to get the permits. @Lots of shady happenings in developing countries.@
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