zonte metals

Zonte stock volume today of 128,000 .

Rising price and solid bids and minimal offers .

Last 19 cents and 47,000 bid by the funny houses at 19 cents !!!

The funny houses have short positions that they want to cover !!!

Go Zonte Go !!!

Excellent summary DearJohn,let's hope the results will come out strong from the Yukon this summer,if Zonte can trade at a higher share price,it'll make it more interesting for their next financing in 2021 !!!

Go Zonte Go

Year end financials out today, here is a few observations

All of Zonte's projects are 100% owned bought and paid for, no more cash or share payments due

Very low burn rate of $271k in last fiscal year ending Jan 31 2021. Few company's do better.

Cash level at $550 k

Zonte no overhead on stock, only 34k warrants left at .$0.35 and options of about 3 million outstanding have average exercise of $0.26

Wondering how many meters Zonte will drill in the Yukon,can't wait for the announcement soon of the drill program.

...lol...

Pasta chatting it up with Ron and Gambler. How longs it been? We will be rewarded soon any day now.

Gambler wrote: I own the BULL too and yes it trades more volume, simply because it is not as tightly held as ZON and it has also been dead weight, stuck in a range between 14 and 18 cents, much like ZON between 0.175 and 0.21.

I am betting both will break to the upside, but as far as betting who is first, I would put the odds at 50/50.

I agree, they will both have their day. I am more frustrated with BULL right now, they have the drill results and soaring palladium price and can get no traction, With ZON, there has been no news that would give it traction, not yet at least?

Here is the depth

Those who are patient will end up winners with Zonte !!!

They don't need to advertise here flynn,RonS does the advertising,there's nothing strange about that.

ok, if I lived in Phantasy land and had to buy Zon at 18cent. I would be would about the whole investment. With the lack of attention and volume I would never be able to sell my shares.

Plus, Zon at 18 cent is no different from Zon at 2 cents..
A company is only worth what people are willing to pay.
Zon has no major investors/backers. Just the members here.
There don't even advertise here, that is pretty strange.

I own the BULL too and yes it trades more volume, simply because it is not as tightly held as ZON and it has also been dead weight, stuck in a range between 14 and 18 cents, much like ZON between 0.175 and 0.21.

I am betting both will break to the upside, but as far as betting who is first, I would put the odds at 50/50.

I agree that announcing a permit will probably not move the stock, usually does not, but it is keeping shareholders informed.

Will be interesting to keep tabs, what stock does best?

You have a good chance being on the spot 2 for 2 flynn...lol...the average day volume trading on BULL is around 400k,agree with you ,it's much more easier for swing trading pennies,

some stocks offer that possibility and Zonte ain't one of them,it all depends on your style of trading,prefer the buy and hold approach with a big core position,i keep 20% of my portfolio for trading,but have to admit that i'm not a big trader,

i'm curious,what do you have to lose buying ZON here at $0.18 ?

My Tea leaf reading from last week was spot on. 1 for 1

I will attempt to read again, but this time I will go further out then one week.

after a 2+ years absent from Yukon. They are crawling back.
The next News will be the Permit approval.
Stock will go sideways.
They 100% have to raise.

The best decision for me, was selling this dead weight. I moved into BULL. Now there's a great company with leadership.
If you wanted to sell/buy you can more 100K shares at anytime no problem.