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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 > Why does EDGAR confuse?
View:
Post by riverrock on Mar 07, 2017 8:21pm

Why does EDGAR confuse?

Goodman and Company's holding in Energizer Resources shares listed is still a total of 89,231,000 shares. However the two releases below can confuse one.

The Amended Statement of Ownership (sc 13g/a) dated 03/07/2017 at 2:16 PM stated that on August 17, 2016, which was the day before the news release concerning the purchase of Energizer Resources by Dundee's CMP 2016 Resource Limited Partnership -which includes, Goodman, Sprott and others- indicated that Goodman and Company held 45,714,286 shares of Energizer Resources
see https://ih.advfn.com/p.php?pid=nmona&article=74034823

Another Statement of Ownership (sc 13g) dated 03/07/2017 at 2:14 PM stated that on August 17, 2016, the day before the news release concerning the purchase of Energizer Resources by Dundee's CMP 2016 Resource Limited Partnership -which also includes Goodman, Sprott and others- indicated that Goodman held 43,516,714 shares of Energizer Resources.
See https://ih.advfn.com/p.php?pid=nmona&article=74034809

Notice that the the total number of shares held by Goodman (45,714,286 + 43,516,714) still adds up to 89,231,000 shares. Why has EDGAR waited until March 7, 2017 to announce such?
Comment by goodtoreadthis on Mar 09, 2017 2:18pm
What I like is that these companies still hold giant blocks of ENZR stock.@
Comment by riverrock on Mar 09, 2017 9:49pm
Goodtoreadthis... when doing research on Energizer Resource's Institutional shareholders, I read the https://ih.advfn.com/p.php?pid=nmona&article=74034809 link. I was looking for at least 89,231,000 shares to make sure that Goodman hadn't sold or possibly bought more. When the link said that Goodman had 43,516,714 I was concerned and checked further and found the second link https ...more  
Comment by goodtoreadthis on Mar 10, 2017 6:45am
Thanks for all that additional data. As to ENZR get such a non-exclusive license I would expect yes they can is the answer.
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