EGZ.v EGZR Energizer Resources UP %28 on heavy volume on todays news.
ENERGIZER RESOURCES' GREEN GIANT VANADIUM PROJECT VISITED BY MADAGASCAR'S PRIME MINISTER, MINISTER OF MINES AND OTHER KEY OFFICIALS 5/24/2011 8:05:19 AM - Market Wire
Green Giant Vanadium project is huge and grades are excellent. EGZ 60 Million tons, .07% avg grades,.5 cutoff, 82% recovery (50 Million tons indicated 10MT inferred) NI43-101 COMPLIANT. Upgrades coming
EGZ NI-43-101 resources are based on drilling only 25% of the 18 mile vanadium trend which extends across 21 kilometres of Energizer’s property. All has shown to be mineralized.
There is a resource update due out soon as well as a PEA study due out due in Q3.
Application for TSX about 55 days ago. Answer pending.
My opinion here. ACV.v - American Vanadium's recent financier Byron Capital and their battery analyst Jonathan Lee put out negative articles as a smear campaign directed at Energizer because EZY chose not to use them for financing. Instead EZR got 14 million in recent financing at much better rates themselves. I believe the PEA study being overseen by George Annandale a World expert for 30 years on Vanadium processing will blow Lees words out out of the water. The company has internal information that justifys the PEA.
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