Zonte Video - February 19, 2024

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Performance 2009 to 2023 (compound annual)

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4 years 3 months ago #124263 by RonS
RonS replied the topic: zonte metals
ron, I will refrain from entering this year, would not be right if I happened to win. Although my guess no better than others, and best to focus on finding juniors that give the big upside.

But 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

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4 years 3 months ago - 4 years 3 months ago #124261 by ron
ron replied the topic: zonte metals
Hoss the wise man has spoken again,let's wait and see,i will take predictions until the assays are released,so there's a good chance that the january 15 deadline will be extended.

GO ZON GO
Last Edit: 4 years 3 months ago by ron.

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4 years 3 months ago #124251 by Hoss
Hoss replied the topic: zonte metals

flynn wrote: GGI spike to $4-$5 only last for 1-2 weeks.
If, If ZON can get to anything close to that the flood doors would open.
Everyone would sell.
GGI has been steady over the last few years around $1.


I owned GGI made good profits and sold it all, it is not a good comparison, because they have been unable to add much size to their discovery after 2 years of drilling. It
will likely never be a mine, at least what they found so far.

The problem in the gold world is that there is hardly any decent discoveries any more.

Rainy River was bought out for just over $300 million in 2012 or 2013?

Kirkland Lake KL made a large high grade discovery, that is where Sprott made all his money recently, that stock is over $50.

The only other out there that comes to mind right now is Great Bear, GBR that stock is over $8. Amex Exploration has potential, but does not look real big.

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 Voiseys 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

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4 years 3 months ago #124250 by ron
ron replied the topic: zonte metals
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 than the one in 2018,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!!!

the high of the year in 2020 will be much higher considering all the news releases to come and announcing a major discovery IOCG in newfoundland,january 2020 will be the beginning of a move up in the share price,

the rules are the same,no one can have the same prediction,first come,first served,the contest starts january 1st 2020 until january 1st 2021,you can give and change your new prediction until january 15 2020 midnight,

Pasta suggested this: "Keep everyone’s predictions secret and display everyone’s prediction feb 1st."

you have two options,sharing publicly your prediction right away or keeping it secret until january 15 2020,if you choose the second option,send me an email at This email address is being protected from spambots. You need JavaScript enabled to view it.  

the great predictions for the high of ZON in 2020

cross hills will deliver many spectacular drill holes in 2020,all aboard,the train will leave the station very soon.

2 secret picks until january 15
JimB
Mauibuilt55

4 under $1 or even
PerseusLtd $0.51
glenn.linstone $0.83
flynn $0.85
davplan $0.96

4 under $2 or even
qinvest $1.01 
meguma $1.04
31Floors $1.40
Big Donald $2.00

3 under $3 or even
Pasta $2.25
Davyboy $2.45
Gambler $2.77

5 under $4 or even
GoldnBoy $3.25
inimus $3.50
Hoss $3.55  
lynnsa10 $3.75  
howlem2 $4.00

4 under $5 or even
alexgreat $4.10
DearJohn $4.25
Roadster $4.51
ron $4.99  

3 under $6 or even
WealthyPlumber $5.00  
tonyk $5.65
Dreamer $6

1 under $7 or even
mozrep $6.50  

1 under $8 or even
agilebill $7.70  

under $9 or even
 

under $10 or even
   

under $11 or even
 

under $12 or even
   


the prizes from RonS
   
That is the excitement of junior exploration,one drill hole can completely change a company.I will also 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,to see 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 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!!!!!!!!!

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4 years 3 months ago #124249 by ron
ron replied the topic: zonte metals

Pasta wrote: Yo Ron it’s Pasta ..... put me down for 2.25


great to hear about you again,ok,have you at $2.25,since that you're the one who recommended me to have the predictions secret and released feb 1st,would have thought that yours would have been secret ...lol...,good luck.

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4 years 3 months ago #124248 by Pasta
Pasta replied the topic: zonte metals
Yo Ron it’s Pasta ..... put me down for 2.25

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4 years 3 months ago - 4 years 3 months ago #124247 by ron
ron replied the topic: zonte metals

flynn wrote: GGI spike to $4-$5 only last for 1-2 weeks.
If, If ZON can get to anything close to that the flood doors would open.
Everyone would sell.
GGI has been steady over the last few years around $1.

ZON at $1 is a long shot.
Fingers crossed and magic eight balls can be right once,


fingers crossed like you say,you never know,good results and kaboom,at $5 you will have a lot of people taking profit,i will.
Last Edit: 4 years 3 months ago by ron.

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4 years 3 months ago #124246 by downunder
downunder replied the topic: zonte metals
Hey all,

I’ve been stalking this forum for a couple of years now and am slowly learning a thing or 2.

I’d like to join the competition too please.

Can you put me in at $0.62

I hope I’m massively under estimating but I’m trying to err on the side of being conservative.

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4 years 3 months ago #124245 by flynn
flynn replied the topic: zonte metals
GGI spike to $4-$5 only last for 1-2 weeks.
If, If ZON can get to anything close to that the flood doors would open.
Everyone would sell.
GGI has been steady over the last few years around $1.

ZON at $1 is a long shot.
Fingers crossed and magic eight balls can be right once,

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4 years 3 months ago - 4 years 3 months ago #124244 by ron
ron replied the topic: zonte metals

PerseusLtd wrote: with over 60m shares and no resource (this will not be available this year), how is the Market.cap over 100M CAD supposed to come? even if there will be good hits on Cross Hill, which justifies an SP over 1 CAD of More ? A decision about Gramalote can take a long time, all very much speculation here at the Moment.


if i recall,someone correct me if i'm wrong,but GGI had around 100 million shares in 2017 before the share price jumped to $5,
ZON has almost half of that,60 million,if the excellent results from cross hills have the same impact on the stock than those of GGI in 2017,then a 500 million market cap is possible,that would mean a share price at around $8,

why are you less optimistic this year PerseusLtd ?
Last Edit: 4 years 3 months ago by ron.

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4 years 3 months ago #124243 by ron
ron replied the topic: zonte metals

DearJohn wrote: ron, mark me in for $4.25


Ok for $4.25 DearJohn,happy to see you back,good luck.

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4 years 3 months ago #124242 by DearJohn
DearJohn replied the topic: zonte metals
ron, mark me in for $4.25

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