Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

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Performance 2009 to 2023 (compound annual)

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3 years 5 months ago #125702 by Pasta
Pasta replied the topic: zonte metals
I'm not sure if I way off but the flow through shares doesn't make sense to me. I'm looking at just over 4 million flow through shares being sold at .17 cents but purchased at .30 cents. Even with the tax benefits it makes no sense to sell at .17 cents.
What am I missing here ?

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3 years 5 months ago - 3 years 5 months ago #125701 by ron
ron replied the topic: zonte metals
Thanks Goldnboy,thought that the selling of the flow through placement shares were sold by the same house,ITG for example,seeing different houses on the ask,would have prefered to see the opposite with stronger volume on the bid side,we aren't too far away from the $0.11 mark,a bit disappointing,where's the smart money,i'm on the bid at $0.165 for a small 1,5k,i'm not the smart money with the deep pockets,and if my wife finds out,might sleep in the backyard tonight..lol...
Last Edit: 3 years 5 months ago by ron.

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3 years 5 months ago #125699 by GoldnBoy
GoldnBoy replied the topic: zonte metals
I agree, the stock does not look good but it is a buyers market. It is quite simple why the stock is down. Shares from the flow through placement are being sold so funds can be re invested in other flow through before year end.

Once this selling ends, the stock will move back up.

The good news is that probably between 2 and 3 million of those shares have already been sold and last financials show $1.16 million in cash.

Zonte needs a drill hit and the story and stock change over night.

And here is depth this morning

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3 years 5 months ago #125698 by ron
ron replied the topic: zonte metals

flynn wrote: July 23, 2020 Volume 175,000 33 cents

October 6, 2020 Volume 103,000 16.5 Cents

More then a 50% lost in share price. Not good.

Maybe this truck that has been backing up has the the wrong address.


Don't think Terry worries about the share price for now,like Goldman mentioned in his last post,there's nothing wrong with ZON,their projects are solid but unkown by the market,reason why the stock is undervalued with a low market cap,share price down 50%,and could be up again at $0.33 for a 50% gain,since you don't hold the stock anymore,it could be a good entry price for you flynn.

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3 years 5 months ago #125697 by flynn
flynn replied the topic: zonte metals
July 23, 2020 Volume 175,000 33 cents

October 6, 2020 Volume 103,000 16.5 Cents

More then a 50% lost in share price. Not good.

Maybe this truck that has been backing up has the the wrong address.

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3 years 5 months ago #125696 by flynn
flynn replied the topic: zonte metals
You can only profit if you sell at a higher price. Zonte has lost 50% of share price, even when Gold has hit the highs.

Doesn't look good. Have you noticed that zonte metals is not even a sponsor on Playstocks.net.
RonS is the only, has been the only one writing about them. You would think just out of respect.
If Ron's didnt write, and Ron(onlybuyer)didn't buy this would be 4cents.

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3 years 5 months ago - 3 years 5 months ago #125695 by ron
ron replied the topic: zonte metals

Pasta wrote: I hope it goes up but I don't like how this is trading.
I assume gold dropped today and took this stock with it somewhat.
I am loosing interest


Only 159,000 shares traded today,the market is offering an opportunity of buying,we need to profit of those low prices,and the price of gold is irrelevant to zonte's share price.
Last Edit: 3 years 5 months ago by ron.

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3 years 5 months ago #125694 by Pasta
Pasta replied the topic: zonte metals
I hope it goes up but I don't like how this is trading.
I assume gold dropped today and took this stock with it somewhat.
I am loosing interest

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3 years 5 months ago #125693 by ron
ron replied the topic: zonte metals

Pasta wrote: Ron, did you just buy some ?


Just bought 1k at $0.17.

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3 years 5 months ago #125692 by PerseusLtd
PerseusLtd replied the topic: zonte metals
0,165 now ... ouch. But keep buying everyone, load up the Truck :(

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3 years 5 months ago #125691 by ron
ron replied the topic: zonte metals

Pasta wrote: Ron, did you just buy some ?


No,not me.

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3 years 5 months ago #125690 by PerseusLtd
PerseusLtd replied the topic: zonte metals
There are way better Plays out there than Zonte. This is dead money, what a Shame

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