zonte metals

Thanks Goldman. Great spot and I couldn’t agree more with you. 2021 will be a very positive year for Zonte!

Hello Zonte Investors :

Zonte has immediate , mid term and long term stock price upside potential !

At Cdn $ 11 million market capitalization , with 4 quality projects recently advanced , Zonte shares are extremely low priced based on the last trade of 18.5 cents .

Terry Christopher has created significant value by building a diversified portfolio .

McConnells Jest in the Yukon borders Victoria Gold Corp , which is the largest producing gold mine in the Yukon . Their current website indicates 210,000 ounces of gold per year when in full production . For at least the last three years , VG had successful exploration within a few kilometers from our border . Zonte's property is valuable.

In Sept 2020 , Zonte unexpectedly announced that it has retained a 25 % carried interest in an advanced gold exploration property in Western Columbia with 14 quality historic drill holes in 1997-1998 .

In Jan 2021 , B2Gold Corp , the General Partner of the Gramalote Joint Venture , indicated that the results of the Gramalote feasibility study are expected to be announced in April 2021 , with a construction decision expected to be made shortly thereafter . The Gramalote Joint Venture partners are B2Gold with a Cdn $6.5 billion Mk Cap and AngloGold Ashanti Ltd with a US $ 9 billion Mk Cap . They can afford a large financial settlement to complete their puzzle quickly.
The initial 2021 Gramolote budget is US $ 52 million plus a separate construction budget for the second half of 2021 , based on a positive Gramalote feasibility study and construction decision .
Gramalote appears to be a very valuable project with robust potential .
In early 2020 , Continental Gold Inc was taken over by Zijin Mining Group Co., Ltd of China , in an all cash transaction for US $1.4 billion . This project is less than 100 km from the Gramalote JV .
The Gramalote JV should want to go into production sooner rather than later and therefore will want to avoid delays and should negotiate a financial settlement for grounds that are open areas and not registered to the Gramalote JV . Zonte , along with its Columbian partner made the first application for certain areas about two years before the Gramalote JV. This case is currently in the Columbian court .

The Cross Hills Project in Newfoundland is an Iron Oxide Copper Gold ( IOCG ) Project covering over 100 square km . Zonte has been exploring for the last two years and completed 21 drill holes finding an association of copper , gold and silver mineralization with a large coincident magnetic and gravity anomalies . Cross Hills has the potential to be a new world class tier 1 copper district .
Hence the long term value of Cross Hills could be much higher then what most
Zonte investors could imagine .

I assume that everyone posting on this site currently owns Zonte shares . Hence , I don't understand why shareholders would bash this stock . If posters don't own shares , then they can keep their thoughts to themselves and not post at all .

It is frustrating for shareholders that the stock has mostly been in the 20 to 30 cent price range for the last three years . In my opinion , the future upside stock price potential has never been better .

For the two weeks from Feb 4 to Feb 18 , Zonte shares did not trade below 20 cents . During these two weeks , the daily volume was 75,000 shares at an average price of 21 cents. In these two weeks , CIBC bought 95k shares and sold 65k shares.
This past Friday , unexpected , CIBC sold 375,000 shares out of the total volume of 500,000 shares . Fridays average share price was 18.6 cents . Many smart Zonte shareholders accumulated additional shares because they realize that Zonte's portfolio is worth well in excess of that trading price .

Zonte's current portfolio of properties justifies much higher market capitalization.

2021 and beyond should be very financially rewarding years for Zonte shareholders .

There are many long term shareholders who realize that this diversified portfolio could easily be a multiple bagger .

At this price , now is an excellent time to buy more shares !!!

Jocko wrote: Maybe Victoria Gold would like a 10 percent interest in the Zonte property in exchange for $10 million in exploration. They could drill a lot more efficiently than Zonte.

Excellent idea Jocko,there's too much potential in the Yukon project for Zonte to be trading at $0.185 for a long period of time.

Maybe Victoria Gold would like a 10 percent interest in the Zonte property in exchange for $10 million in exploration. They could drill a lot more efficiently than Zonte.

No one really knows where the stock price is going.
Could go up could go down.
But no one knows at what point to load up the truck.
Hindsight will tell you but that is always to late

In reality, Back up the Truck was back in 2018 when the stock was 15 to 17 area. It soon went up to around 35 cents and traded around 150k to 400k per day, so one could have unloaded their truck there. It traded a lot in the 30s for about a year.

I don't see it that Zonte was jumping around to different projects. They acted according to market conditions and financing conditions that were not very favourable until recently. They simply did not have the $$ to go back to the Yukon.

Way more expensive there to explore than NFLD. Colombia has always been a slow motion court issue

Long and strong

You could loose everything but at the same time it could go up also.
There is no interest because the zonte has jumped from one prospect to another. Each one was load up the truck. It’s been 14 years of loading up the truck. It’s to easy to load up the truck but you can never sell the load without giving it away at low prices, as per history.
Even Ron S doesn’t mention zonte much anymore like he has in the past.
Maybe one day we will have our day, but it’s not today.

Pasta and flynn,what do you have to lose here at $0.185,if that share price isn't a "back up the truck" recommendation,what share prices would you need before buying,would be very very surprised if Zonte prints $0.10 again ?

I picture the Driver backing up, then realizing he's at the wrong location.

Or, he's been parked in the loading dock, and no one is there to open the bay door.

Every time I here "Back up the Truck" I picture a 1980's rusted out gmc, with a box full of zonte shares with blown out shocks and flat tires.sitting in a mad max type of wasteland.

The knife has falling down the stairs one at a time for many years.
No one wants to pick it up, Like a very sharp Slinky.

I bet its been falling longer, then this truck backing up.

flynn wrote: You must have tough hands, to catch a falling knife.

The knife ain't falling anymore,the bottom is at $0.185.