{"id":2179,"date":"2013-07-30T13:11:57","date_gmt":"2013-07-30T13:11:57","guid":{"rendered":"\/?p=2179"},"modified":"2013-07-30T13:12:01","modified_gmt":"2013-07-30T13:12:01","slug":"energizer-resources-inc-otcmktsenzr-soars-on-news","status":"publish","type":"post","link":"\/articles\/energizer-resources-inc-otcmktsenzr-soars-on-news\/","title":{"rendered":"Energizer Resources, Inc. (OTCMKTS:ENZR) Soars on News"},"content":{"rendered":"

\"2ENZR_chart.png\"The new week was off to a flying start for Energizer Resources, Inc. (OTCMKTS:ENZR<\/a>). The stock picked up speed immediately after the open and kept climbing, to end the session on gargantuan volume compared to its average and 153% up by the closing bell. <\/p>\n

The company’s stock was barely active recently, with average daily trades that you could count on one hand. Then a press announcement sent traders into a frenzy and ENZR<\/a> traded over 1.3 million shares in a single day. After a couple of months of PR silence, the company announced that it had achieved purity of graphitic carbon extracted from its Madagascar Molo property that was higher than 99.9%. The results came from a test conducted by SGS Canada, Inc. – a testing and certification company that appears to have good reputation and was even chosen as a certification authority in a Canadian food safety program.<\/p>\n

While the results achieved in testing are nothing to brush aside, it should be noted that they will in turn lead to a ‘process flow sheet’ in the next two or three months, which will help improve the expenditure figures in the preliminary economic assessment of the property, with ‘preliminary’ probably being one word traders don’t want to overlook.<\/p>\n

ENZR<\/a> reported the following numbers as of its latest quarterly for the period ended March 2013:<\/p>\n