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Real McCoy wrote: I thought the news was good for what they did. I have watched this company for awhile and decided to buy into it not to long ago. I am glad zonte has 4 assets and they are well into the next drill program in Newfoundland. I have read a few of the old press releases, and my only concern is that these new results will not be out before the Private placement at 23 cents becomes free trading. I hope I am wrong and the results come before that.
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RonS wrote: Zon drill news. Will have a more indepth update when back from pdac. Technically it was a big success in getting closer to source. This is a huge anomally to drill in
Hole 3 from last year had zones of fractures with mineralization
Hole 9 in this annoucement had fracture zones much mote intense snd wider. Zon only assay sampled a portion because the assay of the entire width is not what is important
They can now orientate with hole 3 and 9 on the direction it came from and trace backwards to find the source. Zon now has its first road map at Dunns. Hope that helps explain technicals
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GoldnBoy wrote: Looks like anonymous shorted the stock on the news this morning and has been trying to cover all day at .285
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