zonte metals

Yes, a real bargain at these prices. I added more to my position down here.

Was on a holiday, here is depth this morning. Agree, a steal here.

A fire sale is going on, BMO Nesbitt is unloading at $0.07, incredible price to load up !!

Still a lot of sellers at $0.08, the last time you printed the depth GoldnBoy, sellers were at $0.10.

alex, a lot of experts see the copper shortage coming. Zonte's timing of a discovery could just be perfect

Friedland warns of a train wreck

“We’re heading for a train wreck here,” the founder and executive co-chairman of Ivanhoe Mines Ltd. said in an interview at Bloomberg’s New York headquarters. “My fear is that when push finally comes to shove” copper can go up 10 times.

Friedland, who made his fortune from Canadian nickel and is behind massive copper finds in Mongolia and the Congo, has long championed the importance of the metal used in everything from wires to weaponry. Some analysts share his concern about a looming copper crunch, but consensus is for far more gradual price gains in the coming years.

www.bnnbloomberg.ca/billionaire-miner-fr...ply-stalls-1.1938109

Ya things quiet with all the juniors. Saw this today

The CEO of gold miner Newcrest (AUX:NCM) said regulators need to urgently fast-track approvals for mines of key transition metals, adding we need 17 new Escondidas (the world’s largest copper mine) to meet demand by 2050.

Good trade Gambler, long time it has been yes, hoping the trial will be held in 2023 with a great victory for Zonte,
guessing we can expect a news release soon, the start of the 2023 drill program should be announced, also, wondering if someone is interested and already called Terry to discuss a partership for the Yukon project, Terry will be busy in 2023, btw, where's Hoss, it has been a while ?

Everything involving government takes a long time. Waiting on GRB for government as well. Bought some more ZON on the dip. Copper is down about 50 cents from the January highs but still at very good prices.

Wondering why it's taking so long before the announcement of a trial date in Colombia.

Here is the link
www.mining.com/charts-copper-mining-prof...e-are-the-new-mines/

A recent presentation by S&P Global Market Intelligence mining and metals team featured a couple of graphs that crystalize the fundamental challenges facing copper mine supply.

Mitzi Sumangil, associate analyst at the US-based research firm, presented a graph showing the yawning gap between copper mining companies’ profits and capital spending.

Despite two consecutive years of bumper topline earnings north of $100 billion, expansion budgets haven’t budged, hovering in the early double digit billions. Barely more than 12% of ebitda, versus a long term average of more than double that.

We need stronger bids, where are they, last trade at $0.075 ?