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zonte metals

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1 day 10 hours ago #121370 by alexgreat
alexgreat replied the topic: zonte metals
stock trading light today, but we getting close to last hour when shorty likes to do his dance

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1 day 11 hours ago #121368 by PerseusLtd
PerseusLtd replied the topic: zonte metals
PP this week ? 0.30-0.35 ?

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1 day 11 hours ago #121367 by GoldnBoy
GoldnBoy replied the topic: zonte metals
market depth
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1 day 13 hours ago #121366 by ron
ron replied the topic: zonte metals

RonS wrote: GoldnBoy, great post, I agree 100%. When I was there at Dunns - Cross Hills we looked at veins at a few elevations. I don't think Zonte had discovered the various frequency of veining yet


is grab samples to release again before november ?

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2 days 4 hours ago #121362 by Iwtfu005
Iwtfu005 replied the topic: zonte metals
GoldnBoy, that makes a lot of sense. Thanks for the quick response!

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2 days 5 hours ago #121361 by RonS
RonS replied the topic: zonte metals
GoldnBoy, great post, I agree 100%. When I was there at Dunns - Cross Hills we looked at veins at a few elevations. I don't think Zonte had discovered the various frequency of veining yet

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2 days 8 hours ago #121360 by GoldnBoy
GoldnBoy replied the topic: zonte metals

Iwtfu005 wrote: RonS, I'm curious.

Wouldn't it be better if Zon drilled the first holes at Dunn's mountain and use the momentum of the drill to raise capital after? The stock price should appreciate more than it is right now.

Garibaldi and Sokomon both seemed to go about it that way


Actually both raised money ahead of drilling, Sokoman $800,000 early in the year and Garibaldi was trying for $1.2 million. I remember talking to GGI then and they were having trouble raising the $1.2 at 14 cents, the stock took off on early exploration results and they had to revise the price up to 82 cents and were way over subscribed raising $6 million.

ZON is similar, the stock has already run from 18 to 40 and I would bet what ever financing is done will be way over subscribed and difficult to get in. For any junior, the trick is to have enough money to keep drilling. If you drill a few holes and the market knows you need money and have to stop drilling, the stock just gets sold down.

Zonte has updated their presentation and there is a new slide. What is key about this is that the frequency of mineralized veins increases as it gets closer to the anomaly. Again another strong signal the anomaly is well mineralized

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2 days 9 hours ago #121359 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Yup, between RBC, Anonymous, Jitney and Instinet 83k of the 119.5 k selling.

28,000 shares jitney'd today

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2 days 9 hours ago #121358 by Gambler
Gambler replied the topic: zonte metals
looks like the stock is doing Hoss's short shuffle RBC and other platforms doing a lot of trading

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2 days 13 hours ago #121353 by GoldnBoy
GoldnBoy replied the topic: zonte metals
here is market depth, not much to hit 40
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2 days 15 hours ago #121352 by Iwtfu005
Iwtfu005 replied the topic: zonte metals
RonS, I'm curious.

Wouldn't it be better if Zon drilled the first holes at Dunn's mountain and use the momentum of the drill to raise capital after? The stock price should appreciate more than it is right now.

Garibaldi and Sokomon both seemed to go about it that way

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2 days 16 hours ago #121351 by GoldnBoy
GoldnBoy replied the topic: zonte metals
ron, I would not rule out higher prices. It is not set yet and this stock has little on offer and could easily go back into the 40s and the PP higher

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