Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

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  • flynn
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4 years 6 months ago #123653 by flynn
flynn replied the topic: zonte metals
$10 Tims Card, says we stay flat for the rest of the year

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4 years 6 months ago #123652 by alexgreat
alexgreat replied the topic: zonte metals
There is lots of time in 2019, you can look at numerous juniors and they can have big moves in a matter of days or weeks with the right exploration results

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4 years 6 months ago #123649 by ron
ron replied the topic: zonte metals

Gambler wrote: Agree, we should see some news anytime now


it's about time,we've been waiting for a long time,the high of the year $0.41 is the same as the one in 2018,let's hope it can cross that psychological barrier,guess the contest will serve us in a better way in 2020.

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4 years 6 months ago #123643 by Gambler
Gambler replied the topic: zonte metals
Agree, we should see some news anytime now

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4 years 6 months ago #123642 by PerseusLtd
PerseusLtd replied the topic: zonte metals
About time to release News. Come on ...

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4 years 6 months ago - 4 years 6 months ago #123632 by ron
ron replied the topic: zonte metals
two months since the last news release,next week could be the right timing for another one,the share price is holding tight,last trade at $0.33.

web.tmxmoney.com/quote.php?qm_symbol=ZON

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Last Edit: 4 years 6 months ago by ron.

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4 years 7 months ago #123628 by DearJohn
DearJohn replied the topic: zonte metals

ron wrote:

Gambler wrote:
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.


RonS, your prediction of gold and Fed easing was right on. I will be happy if you are half right with ZON

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4 years 7 months ago #123625 by GoldnBoy
GoldnBoy replied the topic: zonte metals
market depth this morning

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4 years 7 months ago - 4 years 7 months ago #123622 by ron
ron replied the topic: zonte metals

Gambler wrote: Hoss, looks great, maybe some up coming news will propel the weekly chart to bullish territoty


for now,we're far from our price predictions,

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!!!!!!!!!
Last Edit: 4 years 7 months ago by ron.

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4 years 7 months ago #123620 by ron
ron replied the topic: zonte metals
Holding over $0.30,looking good.

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4 years 7 months ago #123619 by Gambler
Gambler replied the topic: zonte metals
Hoss, looks great, maybe some up coming news will propel the weekly chart to bullish territoty

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4 years 7 months ago #123616 by Hoss
Hoss replied the topic: zonte metals
Someone was asking about the latest cloud chart, sorry was away last week, but here we go. The daily chart has turned bullish for the first time in at least a year from what I recall.

The stock has broke well above the green cloud and the green cloud is rising. A new uptrend on a daily basis is in place. Some consolidation in low 30s would not surprise me after such a strong rise. The only word of caution is the weekly chart has not turned bullish yet. This could be resolved with time, 2 to 4 weeks or with higher prices.

Current support is at 28 cents

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