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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

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Post by Outnumbered on Apr 14, 2017 10:49pm

Volume

Look at the daily/weekly share volume. O a week day it trades low volumes around 100K. This past week the shares were trading approx. 400-500K which was higher than normal. Then obviously Thursday share volume hit 1.7 Million approx. high of .085 and unfortunately closed at .07. My overall point is that there has to be positive news in the pipe line. IF there was a "sell off" then people wood dump shares at even a lower price than .07 and that wood be stupid. People tend to forget that there are big dog investors that have money poured into EGZ, JP Morgan, Dundee? What do you think they have skin in the game? Obviously they see huge potential here. Its just a after of time before shares take off. People question management but they have delivered with news in baby steps and they are doing everything possible to succeed. Read between the lines with the press releases; EGZ with the name change is shifting from a development company to a mining company. Hope to see financing soon/offtake. when this happens the market will be chasing the share price up to the moon! Good luck to all of the long time share holders!
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