Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

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4 years 3 months ago #124408 by ron
ron replied the topic: zonte metals

luck wrote: My guess for the high price for Zonte will be $2 less than last year @ $1.77. Cheers


ok luck,have you at $1.77,good luck in 2020.

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4 years 3 months ago #124407 by luck
luck replied the topic: zonte metals
My guess for the high price for Zonte will be $2 less than last year @ $1.77. Cheers

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4 years 3 months ago #124393 by flynn
flynn replied the topic: zonte metals
There responded
"Zonte who?"

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4 years 3 months ago #124392 by PerseusLtd
PerseusLtd replied the topic: zonte metals
I asked BTO today about their dispute with Zonte ...
Attachments:

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4 years 3 months ago #124389 by ron
ron replied the topic: zonte metals
Great find and great news PerseusLtd,now we want them to sit at the table and to settle the case with zonte.

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4 years 3 months ago #124388 by PerseusLtd
PerseusLtd replied the topic: zonte metals
B2Gold News !

B2Gold Corp. Announces Positive Results from the Updated Preliminary Economic Assessment for the Gramalote Project in Colombia and Assumes Role of Manager of the Gramalote Joint Venture

www.b2gold.com/news/2020/index.php?content_id=891

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4 years 3 months ago #124386 by ron
ron replied the topic: zonte metals

flynn wrote: Less optimistic = Realistic
Maybe the Posters that went with a lower price this year, are being realistic. Wishing is not investing.


nothing wrong of being realistic,posters are lowering down their prediction,you're right flynn,they're more realistic,but at the same time,you have realistic posters who are pessimists and realistic posters who are optimists,...lol...

JunglistGuy $8.80 is lower than Iwtfu005 $16.50 in 2019 and Conrad R $0.42 is lower than CIMA $0.69 in 2019,bring me $2.00 or $3.00 or $4.00,i'll be a happy dude,but we're all hoping ZON to do better,go with the wise man Hoss who mentioned,

When Kirkland Lake was $5, I bet nobody predicted $50, nor $8 for GBR when the stock was 50 cents 2 years ago.These exploration plays are high risk, but can be very high rewards.

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4 years 3 months ago #124385 by flynn
flynn replied the topic: zonte metals
Less optimistic = Realistic
Maybe the Posters that went with a lower price this year, are being realistic. Wishing is not investing.

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4 years 3 months ago - 4 years 3 months ago #124384 by ron
ron replied the topic: zonte metals
THE DEADLINE IS EXTENDED UNTIL ASSAYS ARE OUT OR FEBRUARY 1 ST

CIMA IS THE WINNER OF THE 2019 CONTEST
CIMA is the winner for the second year in a row,(he won in 2018 when the high was $0.41),the high of 2019 at $0.39 is two cents lower,a huge disappointment for many of us,everyone would agree,but like Goldman and Hoss stated in their wise posts,

Goldman: This story may unfold as a Tier 1 Copper / IOCG Deposit that major mining companies will fight over !!!CROSS HILLS , NEWFOUNDLAND COULD BE A DISCOVERY PLAY !!!Be patient , this could be a very major discovery !!!GO ZONTE GO !!

Hoss: I have been in countless exploration juniors over the years. I even stayed up in the wee hours drinking with the drillers to try and gain any insight. And I can tell you that nothing is for sure in drilling no matter what anyone says or how good this or that looks.The Dunns anomalies extend for about 1 kilometer and about 1/2 kilometer wide. If you convert that to city blocks, it is around 75 city blocks and they poked 5 skinny two inch drill holes among those 75 blocks.I think the stock has not responded to the upside because this is something new, there are not any IOCG systems in NFLD, and I don't think an economic one anywhere in Canada. There are some good iron deposits but they do not have any copper or gold. The market does not believe Zonte can find one, it is taking a show me stance!!!
I bought ZON because if they make an IOCG discovery it could be world class like a KirkLand Lake, Great Bear or going way back Voisey's Bay. These are very rare.I like the high grade hit last year, the system is mineralized, Zonte needs to find out where it is and see how big mother nature made it.With a discovery, nobody knows how high a stock will go. When Kirkland Lake was $5, I bet nobody predicted $50, nor $8 for GBR when the stock was 50 cents 2 years ago.These exploration plays are high risk, but can be very high rewards.

The great predictions for the high of ZON in 2020
The contest starts january 1st 2020 to january 1st 2021
The high of the year in 2020 will be much higher with many news releases announcing a major discovery IOCG in Newfoundland,Cross Hills will deliver many spectacular drill holes in 2020,all aboard,the train is about to leave the station.

9 under $1 or even
Conrad R $0.42 Travis M $0.485
PerseusLtd $0.51 CIMA $0.54
downunder $0.62 Don C $0.69
glenn.linstone $0.00 flynn $0.85
davplan $0.96

8 under $2 or even
qinvest $1.01 meguma $1.04
Anjing Z $1.25 Dave M $1.35
31Floors $1.40 Van K $1.78
Big Donald $2.00 Gerry M $0.00

5 under $3 or even
Pasta $2.25 Jocko $2.30
Davyboy $2.45 Gambler $2.77
hootie87 $2.85

8 under $4 or even
JimB $3.01 GoldnBoy $3.25
kwilson17 $3.40 inimus $3.50
Hoss $3.55 itnsk $3.69
lynnsa10 $3.75 howlem2 $4.00

5 under $5 or even
alexgreat $4.10 DearJohn $4.25
Roadster $4.51 Kaiser $4.75
ron $4.79

4 under $6 or even
WealthyPlumber $5.00 Hugo123 $5.35
tonyk $5.65 Dreamer $6.00

2 under $7 or even
mozrep $6.50 dtangen $6.66

2 under $8 or even
Mauibuilt55 $7.10 agilebill $7.77

1 under $9 or even
JunglistGuy $8.80

Total of 44 participants in 2020
The most pessimistic: Conrad R $0.42
The most optimistic: JunglistGuy $8.80

The prizes from RonS
That is the excitement of junior exploration,one drill hole can completely change a company.I will offer the same reward for this year contest,one year added to your newsletter subscription or $150 dinner voucher for life timers.Also,if the winning stock price is over $1.00 then the first place prize will be this gold coin and the silver coin reverting to 2nd place finisher.This should make it more interesting and help get some new participation.I think these newer coins are beautiful and will be easier to source. They also relate to NFLD where ZON is drilling and could make a discovery.Rules are simple,whoever is closest to the highest trade printed on the ticker in 2020,we can't have the same prediction,for the coins,click on the links below.

FIRST COIN : A VALUE OF $620 CDN
coinscatalog.net/canada/coin-100-dollars...-circulation-coinage
SECOND COIN : A VALUE OF $105 CDN
coinscatalog.net/canada/coin-silver-20-d...silver-bullion-coins
www.mint.ca/store/coins/1-oz.-pure-silve...000-2018-prod3220054

The analysis of RonS in 2020
I will say that last years optimistic prediction was based on:
1 - A turn around in the junior mining market, but instead it went even lower. The odds are much higher the juniors turn up this year.
2 - An agreement or settlement on Gramalote, that did not happen either. Again the odds have increased this year with B2Gold taking control.
3 - A discovery at Cross Hills, well that one was close, we got one great drill hit, but in the weaker junior market, more than one narrow intersect is required for the market to see a discovery. Again the odds are much higher this year, especially the current drill round.
If I did hazard a guess it would be between $3 and $4 and based on just one of the three positive outcomes, probably point 3. Hoss makes a good point, you never know, will depend on the numbers in the drill core.


The reasons why RonS had a $6.50 target in 2019
My optimistic guess is $6.50 for the high, probably no better than any ones prediction but here is my reasoning.It is hard to imagine a better mining market and higher gold prices after what we have just been through in 2018, but often the market improves after such a downturn and I believe we will see gold prices in the $1300 to $1500 range in 2019 when it becomes more evident the Fed will have to ease again or at least halt the tightening cycle.I have been to Cross Hills and looked a lot into these IOCG systems and I am convinced there will be a discovery.Pasta mentioned just some magnetic surveys and normally that is not such a big deal but in IOCG it is.Iron Oxide is iron, it is magnetic so responds well to these surveys, not so in other systems.
The iron oxide veins on surface are magnetic,I used a magnet myself,a very simple
principle.On surface they carry copper, that is what makes these deposits valuable compared to just an iron ore deposit.The magnet surveys show strong magnetic intensity deeper below the surface,it is a no-brainer that the iron oxide is concentrated down deeper and like the surface showing has copper.

And veining above is very typical of these systems. There is very little experience and knowledge about these in Canada and is probably the main reason Zonte is
overlooked thus far.There is no doubt in my mind that this will be a discovery with iron, copper and some PMs, the question is the grade?After some drill holes and we have an average grade of say 0.25% copper, it still might be economic, but will not get much love. If the grade is .3 to .35% that we see in many other copper deposits, this is going to get some serious attention.IOCGs are known for better grades in general and if this turns out to be 0.5% to 1% copper it is going to be a whopper. And OMG if it is above 1%. Don't forget unlike porphyry systems where the other 99% of the rock is waste, in an IOCG, the 20% to 40% that is typical iron oxide also has value, it is not waste rock. There should be silver and gold credits as well.It seems $5 is kind of a top speculative target with many juniors like we saw with Garibaldi. That said, with higher gold prices, I believe the pressure will intensify on Anglo to settle with Zonte in 2019 so they can move Gramalote to production.Given not so great a market, it is still a $50 to $100 million settlement which is another $1 to $2 per share, hence when added to $5 my $6.50 guess!!!!!!!!!
Last Edit: 4 years 3 months ago by ron.

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4 years 3 months ago #124383 by ron
ron replied the topic: zonte metals

CIMA wrote: I'll try .54 this year. Will hopefully blow by that number! Will be in touch when back in Canada Ron.


happy to see you back CIMA,where are you located,you are less optimistic in 2020,you had $0.69 in 2019,anyway,we're all hoping that you don't win again in 2020 at $0.54.......lol......because the prizes are beautiful coins for the first and second place if the stock goes over $1,good luck for 2020.

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4 years 3 months ago #124382 by CIMA
CIMA replied the topic: zonte metals
I'll try .54 this year. Will hopefully blow by that number! Will be in touch when back in Canada Ron.

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4 years 3 months ago #124380 by ron
ron replied the topic: zonte metals
thanks GoldnBoy,does stockwatch only gives the best 10 orders on the ask and the bid,or they give all the orders entirely ?

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