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zonte metals

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1 year 5 months ago #117357 by flynn
flynn replied the topic: zonte metals
Zonte Metals Provides an update on the Gramalote Target application, Colombia.
December 1, 2016 TSXV: ZON
As press released on May 2, 2016, Zonte and a Colombian partner, (collectively Zonte or the Company) are proceeding with legal action against the Secretaria de Minas (Secretary of Mines) for the Department of Antioquia, Colombia for not titling an exploration application. This application sits over open areas between titles on top of the permitted Gramalote Gold deposit which is a joint venture between AngloGold Ashanti (NYSE: AU) and B2Gold (TSX: BTO, NYSE: BTG). Presently, all documents have been filed at the Special Court and the company is waiting for an official response.
The Company would like to address reported comments which were presented at a recent mining conference in Medellin, Colombia. During a presentation about the Gramalote deposit a representative from AngloGold Ashanti was asked about the fractional claims (open areas between titles) sitting over the deposit. The AngloGold Ashanti representative reportedly indicated that the fractional claims were just stories in the media. Zonte wants to make it clear that these open areas were confirmed by the Secretary of Mines in formal documentation from their review of the application. In addition, prior to seeking legal action against the Secretary of Mines the company sought opinions on the validity of the application. One such opinion was from a former Director of Secretary of Mines, who noted that based on the Colombian Mining Code, this application is valid and should be titled. The company will provide additional information as it becomes available.

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1 year 5 months ago #117355 by DearJohn
DearJohn replied the topic: zonte metals
What release was that??

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1 year 5 months ago #117353 by flynn
flynn replied the topic: zonte metals
anyone read that release. Just weird. this wouldn't happen if zonte was more in the media about the claims. they have been brushing off zontes claims. seems to me no one is taking them serious. sick the lawyers on them...

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1 year 5 months ago #117325 by alexgreat
alexgreat replied the topic: zonte metals
looks like the stock is kind of range bound now, last 7 days trading between 9 and 11 cents and more volume than usual - about 700,000 and does not include over 300,000 day of the news.

If the buying keeps coming - sellers eventually be exhausted - still is an 'if' though

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1 year 5 months ago #117323 by RonS
RonS replied the topic: zonte metals
I was thinking about asking Christopher to do a Q & A for the CEO Corner here. Have not done one yet, maybe a good place to start. Will ask him about next time I talk to him and let everyone know

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1 year 5 months ago #117319 by Gambler
Gambler replied the topic: zonte metals
Stock did ok today considering the sell off in Gold and the stocks. Bottom, bottom where art thou!!!

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1 year 5 months ago #117317 by flynn
flynn replied the topic: zonte metals
is he on a road show? meeting us little investors? would love to see what he thinks of Columbia in a public setting.

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1 year 5 months ago #117315 by RonS
RonS replied the topic: zonte metals
Might just be another trader?? Lot of retail buyers out of TD and many bought lower so hard to say

Christopher is in Toronto next couple days, starting to get the story out there, too bad it is the day after the Gold market got whacked. I will see what feed back I get from him about meetings, hoping it goes well

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1 year 5 months ago #117312 by flynn
flynn replied the topic: zonte metals
I love this volume, but TD seller is back.
someone wants out, I would like to know what he knows. but at least there's a buyer at this price.

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1 year 5 months ago #117311 by flynn
flynn replied the topic: zonte metals
volume every day. low is better then none.

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1 year 6 months ago #117308 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Latest depth, 100,000 shares to 14 cents

# Orders Shares Bid Ask Shares # Orders
2 16000 0.085 0.110 20000 1
4 44000 0.080 0.115 50000 1
4 55000 0.075 0.130 20000 1
1 14000 0.070 0.140 15000 1
1 20000 0.065 0.145 12000 2

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1 year 6 months ago #117307 by GoldnBoy
GoldnBoy replied the topic: zonte metals
MMMM? no seller from TD today and the stock is now up to 11 cents. Looks like whoever is done

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