Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

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Performance 2009 to 2023 (compound annual)

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4 years 4 months ago #123971 by DearJohn
DearJohn replied the topic: zonte metals
“The copper concentrate market is in a tight state and it will get even tighter next year,” Nicholas Snowdon, an analyst at Deutsche Bank AG, said at the Asia Copper Conference in Shanghai. That “raises the risk around potential supply response, particularly on the private smelting side in China.”

While the falling processing fees aren’t affecting prices today, they serve as a reminder of the mining industry’s poor record in hitting production targets and bringing new supply online. Figures from the International Copper Study Group show mine supply dropped by about 0.5% in the eight months through August. Miners say higher prices will be needed to stimulate output and avert a deficit as demand swells in future years.

Consumption could grow 2% a year until 2030, which means an additional 7 million tons of refined copper supply will be needed, Anglo American Plc’s chief executive for base metals Ruben Fernandes said during the Shanghai conference. He said that should help offset broader macro pressures that have kept copper prices pegged back at an average of just over $6,000 a ton this year.

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4 years 4 months ago #123967 by ron
ron replied the topic: zonte metals

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4 years 4 months ago #123966 by ron
ron replied the topic: zonte metals

GoldnBoy wrote: Not much on offer until high 30s


looking good,wonder if it can go over $0.45 on speculation.

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4 years 4 months ago #123965 by ron
ron replied the topic: zonte metals

alexgreat wrote: Gambler, along with ZON I own 5 or 6 other juniors that are drilling.
XMAS break is approaching, not sure if we see any results by then, but January is going to be exciting for sure


can you share with us your other stocks,thanks.

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4 years 4 months ago #123961 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Not much on offer until high 30s

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4 years 4 months ago #123960 by alexgreat
alexgreat replied the topic: zonte metals
Gambler, along with ZON I own 5 or 6 other juniors that are drilling.
XMAS break is approaching, not sure if we see any results by then, but January is going to be exciting for sure

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4 years 4 months ago #123953 by Gambler
Gambler replied the topic: zonte metals
GB, looking at the trades you posted yesterday, other or funny trading platforms sold 32k yesterday at 26. They are on the bid this morning with no offers.

Looks like they short to me

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4 years 4 months ago #123952 by DearJohn
DearJohn replied the topic: zonte metals
Up 3 cents, stock cleaning up, is the train leaving the station??

Choo choo

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4 years 4 months ago #123950 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Here is depth, not much for sale up to 35. The buyer yesterday knew a bargain when it was there!!!!!!!

Still some at a bargain under 30

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4 years 4 months ago #123948 by alexgreat
alexgreat replied the topic: zonte metals
Gambler. nice pic and a very large target. Zonte is either going to hit nothing or a grand slam. I best odds of grand slam, are slam dunk lol

GB, do you have depth

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4 years 4 months ago #123947 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Very unusual. Zonte had an after hours trade of 10k, after the news came out. Of course anonymous the buyer. How is that fair, we cannot enter after hour orders on tsxv stocks? Is it short covering?

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4 years 4 months ago #123945 by lynnsa10
lynnsa10 replied the topic: zonte metals
Thanks Perseus. Zonte has put a lot of work into this project and doing it right. With the discovery of yet another big anomaly BigK this part in Ron's update caught my attention.

It is important you understand that Zonte does not only have a possible discovery here, but many. This is a district sized property and the type that will attract majors and large institutional investors should the drills turn up some good results. Cross Hills is almost 30 kms in length or just under half of the whole Carlin trend in Nevada. Carlin hosts numerous mines and produced over 50 million ounces gold by 2002.

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