All kinds of reasons for somebody to sell, just look what us poor PM investors have went through last few years
Probably some poor bastard had to sell to buy some groceries. Check this link out.
The Fed asked respondents how they would pay for a $400 emergency. The answer: 47 percent of respondents said that either they would cover the expense by borrowing or selling something, or they would not be able to come up with the $400 at all. Four hundred dollars! Who knew?
That is amazing for an economy near full employment if you believe that B.S.
Maybe some investor had to go to the dentist so had to sell ZON for a gold filling??
I am going to put this in the economy section, it is simply amazing, that most pretend they are living the dream but are in a nightmare
What's zontes plans if the judge rules against them? Is this the last step? Its not like a judge cant be bought. I just hope that all the eggs are not just in this basket. We would never be able to sell our shares if this doesn't go there way
Yup, as we expected, but at least they can move beyond the Secretary of Mines that was going no where, so maybe better days ahead
ZONTE METALS PREPARES TO PROCEED TO SPECIAL COURT REGARDING ITS GRAMALOTE TARGET APPLICATION
As announced in a press release dated April 12, 2016, Zonte Metals Inc. and a Colombian partner have worked through various steps required to proceed to special court to challenge the Secretaria de Minas, which has not titled an exploration application that was applied for back in July, 2013. Legal counsel for the partners is of the opinion the mining code has not been followed in this circumstance. The application covers open areas between titles on top of the Gramalote deposit, which is held by AngloGold Ashanti and B2Gold. Additional details on the application have been press released previously and can be observed on the company's website. On April 28, 2016, legal counsel completed the last step in the process to proceed to special court, referred to as a "conciliatory meeting" with the Secretaria de Minas. As expected, the Secretaria de Minas maintained its position in not issuing the title, and legal counsel is now in receipt of the necessary documentation to move forward. In anticipation of the above-noted response from the Secretaria de Minas, legal counsel has nearly completed all documentation for special court and will make submissions shortly. Once completed, Zonte will provide an update.