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[fringe_remnant]

Some EGZ Background

IH Board: http://investorshub.advfn.com/boards/board.aspx?board_id=7900

http://www.energizerresources.com/

Energizer Resources is a mineral exploration and development company based in Toronto with properties in Madagascar hosting two ‘strategic’ minerals – vanadium and graphite. EGZ currently has one of the largest vanadium resources in the world (43-101 compliant) with over 890MM lbs of V205 grading 0.67% V205 in its 100%-owned Green Giant project in southern Madagascar. While the vanadium resource alone may be sufficient to build a mine, given strong prospects for sizeable graphite mineralization, the company switched its focus in 2011 to exploring for graphite. With strong institutional backing, funding already in hand for their ambitious 2012 programs, and plenty of milestones and news-flow this year, we believe Energizer will be in the spotlight in 2012.
Reasons why investors should know this stock:
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Ambitious 2012 Plans – Management expects to spend up to approx. $4MM on exploration drilling and metallurgy, resulting in an initial resource and PEA in the latter part of this year. This should position the company to start a bankable feasibility study (BFS) in early 2013. Management has also started discussions with appropriate authorities regarding exploitation permitting.
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News-flow and exploration upside potential – Only 7 of 17 zones have been drilled so far. Highlights included drill-core intersections of 6.24% C over 118.6m, trench intersections up to 7.11% C over 106m, and data confirming mineralization extending to surface. On their 75:25 JV property (with Malagasy Minerals), exploration identified graphite mineralization > 330m and open along strike; grab sample assays indicated up to 71.9% C. With only a portion of assay results received so far, there should be a healthy flow of drill results in the upcoming months from last year’s program and this year’s drilling along with metallurgical updates.
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Agreement with DRA pivotal – Earlier this year, EGZ signed an agreement with DRA Mineral Projects, a world-leading process and mine development firm, for the development of EGZ’s graphite and vanadium projects. DRA will be a technical partner and will provide full EPCM services to the company. In addition, two highly experienced directors have joined the company from DRA that can make a critical contribution in taking EGZ from a junior exploration company to a producer; Johann de Bruin will sit on the board of EGZ and Robin Borley will be appointed to a special advisory committee. They will interface with the company on a weekly basis to lend their expertise.
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Cashed up with strong institutional backing – The company has a good roster of institutional shareholders including Dundee Corp (7.7%), Pinetree, AGF, Sprott and Investors Group (9.9%). In addition, Cliffs Natural Resources (NYSE: CLF, Not rated) owns ~8.7%. With $6.5MM of cash on hand, management believes they have sufficient funding to carry them through to next year.