zonte metals

alex, agree, the Pot stocks will take the brunt of tax loss selling and some other juniors that are down quite a bit. Here is depth

nothing.
volume to low.
plus its tax season, opps I mentioned it

flynn wrote: something is up. Dumping today.
Please no one here use the excuse of Tax season selling.
No one would sell, if they think they is a bigger future.

We are only down 1/2 cent, but someone from RBC hit the bids at the open for 100k. I don't think there will be much tax loss selling on ZON, this mostly occurs with stocks that have substantial losses on the year. ZON has mostly traded between 24 and 31 cents, so not much of a loss.

There can be all kinds of reasons for selling, need XMAS money, a car, debt payment, divorce, blah blah blah. There is only one reason for buying- buyers think the stock will go higher and there was just as much buying as selling today.

If you think something is up then what should you do...

something is up. Dumping today.
Please no one here use the excuse of Tax season selling.
No one would sell, if they think they is a bigger future.

80K shares at the open, drop of 2 cents.
??

since Zonte did not hit my guess of $.85 for 2019, even with all the news.
My guess for 2020 will be $0.52. Still that is 100% gain from where we are now. And that's higher when Yukon drilling was in play.

Pasta wrote: Ron I think you should go first.
Keep everyone’s predictions secret and display everyone’s prediction feb 1st.

interesting suggestion,don't see any problem,for those who don't want me to keep it secret,would write down their target and for those who want me to keep it secret,would write down "target received",they could send it in my email,

or are you suggesting that everyone's pick should be secret,wondering what others think about your proposition,and since the high will be much higher,maybe RonS could jack up the winning prize to attract some new people in the contest,i'm sure RonS would agree...lol.. ?

Ron I think you should go first.
Keep everyone’s predictions secret and display everyone’s prediction feb 1st.

We're getting closer to the last day of trading friday december 27,if the share price doesn't go over $0.39,(the high of the year in 2019),CIMA would be declared the winner for the second year in a row,he won in 2018 when the high was $0.41,
$0.39 is two cents lower than last year,a huge deception for many of us,but like
Goldman stated in his great and wise post,

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 !!

the high of the year in 2020 has a good chance of being much more higher considering all the news releases to come with a great possibility for a major discovery IOCG,january 2020 could be the month for the start of a big move in the share price,we will have the same contest and rules,everyone will be invited to give their new share price prediction beginning december 28 2019 until january 31 2020 before midnight,

RonS might want to keep his $6.50 target and description or give us a new price target and many more reasons to why ZON is the best secret on the tsx venture,

but let's not forget that there's 15 days 1/2 left in 2019,anything could happen until december 27.

go zonte go


the great predictions for the high of zonte in 2019

there will be more than one hole on cross hills,so the high of the year could be determined in the late months of 2019,it could be the most interesting year,

who will win the 2019 contest,the most pessimistic CIMA at $0.69 or the most optimistic Iwtfu005 at $16.50 ?

5 under $1 or even
CIMA $0.69
golfdub1 $0.70
Flynn $0.85
davplan $0.98
Gold Fever $1.00

4 under $2 or even
415 $1.35
Hugo123 $1.50
PerseusLtd $1.85
Big Donald $2.00

5 under $3 or even
WealthyPlumber $2.10
inimus $2.30
Gambler $2.50
Pasta $2.65
GoldnBoy $2.80

5 under $4 or even
kwilson17 $3.25
JimB $3.45
itnsk $3.65
luck $3.77
howlem2 $4.00

3 under $5 or even
hootie87 $4.25
DearJohn $4.27
Hoss $5.00

3 under $6 or even
mozrep $5.50
tonyk $5.65
Dreamer $6

3 under $7 or even
RonS $6.50
kalen9999 $6.55
Kaiser $7.00

2 under $8 or even
JunglistGuy $7.25
lynnsa10 $7.90

1 under $9 or even
agilebill $8.10

2 under $10 or even
alexgreat $9.50
ron $9.99

1 under $11 or even
dtangen $10.85

1 under $12 or even
meguma $12

1 under $17 or even
Iwtfu005 $16.50

total of 36 participants in 2019
the most pessimistic: CIMA
the most optimistic:Iwtfu005

the prize 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.Rules are simple,whoever is closest to the highest trade printed on the ticker in 2019.

the reason why RonS has 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!!!!!!!!!

So, now its 2020 is going to be the year of Zonte. Are going to do another share price contest for 2020?

2020 is going to be the year,i agree 100% with Goldman,
for sure,i'll have another contest for 2020,this time,the high will be more than the $0.41 in 2018,and the $0.39 in 2019,if nothing changes as for now,of course,
CIMA has a chance to be the winner for the second year in a row,

btw Goldman,this year you have to participate,we want to know your prediction.

go zonte go

Sounds good lets move the goal posts again. So, now its 2020 is going to be the year of Zonte. Are going to do another share price contest for 2020?
Lets change things up, lets guess how many Instagram pics zonte is going to post in 2020. I'm betting on 14. 7 scenic, 6 drilling related, and 1 eagle flying.