Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

Performance 2009 to 2023 (compound annual)

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4 years 3 months ago #124239 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Hoss, I like the chart. Here is depth today

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4 years 3 months ago - 4 years 3 months ago #124233 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

2 under $3 or even
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

3 under $5 or even
alexgreat $4.10
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!!!!!!!!!
Last Edit: 4 years 3 months ago by ron.

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4 years 3 months ago #124232 by Jocko
Jocko replied the topic: zonte metals
My guess for Zonte's high for the year: $2.30

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4 years 3 months ago #124231 by ron
ron replied the topic: zonte metals
Hoss the wise man is back and has spoken,we're all happy,have you at $3.55,why a lower target than the one at $5 in 2019,any special reasons that you want to share with us ?

btw,the master RonS hasn't released his new target yet,maybe he wants to wait at the last minute.

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4 years 3 months ago #124230 by ron
ron replied the topic: zonte metals

glenn.lidstone wrote: Hi Ron. I'm going to go with $0.83 but I sincerely hope I am a 'mile' low!
Glenn Lidstone


Welcome in your new family glenn.lidstone,have you at $0.83,good luck.

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4 years 3 months ago #124229 by ron
ron replied the topic: zonte metals

mozrep wrote: Put me in for $6.50


Welcome back mozrep,got you at $6.50,good luck.

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4 years 3 months ago #124228 by ron
ron replied the topic: zonte metals

qinvest wrote: My guess is $1.01 for 2020. Thanks Ron.


Welcome in the family of ZON new member qinvest,have you at $1.01,good luck.

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4 years 3 months ago #124227 by mozrep
mozrep replied the topic: zonte metals
Put me in for $6.50

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4 years 3 months ago - 4 years 3 months ago #124226 by Hoss
Hoss replied the topic: zonte metals
ron, I am going with $3.55 based on a discovery at Cross Hills. Nobody starts into their 3rd round of drilling unless they are confident something big is hidden by Mother Nature.

The weekly cloud chart has turned bullish for the first time since Sept. 2018. If you remember a few months back I was not keen on the break above the cloud because it was just one week. We are now 2 weeks above the cloud and other indicators are no where near over bought, so this rally probably has farther to go.

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Last Edit: 4 years 3 months ago by Hoss. Reason: wrong chart

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4 years 3 months ago #124225 by glenn.lidstone
glenn.lidstone replied the topic: zonte metals
Hi Ron. I'm going to go with $0.83 but I sincerely hope I am a 'mile' low!
Glenn Lidstone

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4 years 3 months ago #124224 by qinvest
qinvest replied the topic: zonte metals
My guess is $1.01 for 2020. Thanks Ron.

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4 years 3 months ago #124223 by ron
ron replied the topic: zonte metals

Roadster wrote: My calculation is $ 4.51. Thanks Ron


Welcome aboard new member Roadster,got you at $4.51,good luck.

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