zonte metals

did you catch the part at the 4:20 mark. He mention they have a mining permit.
Wow, he is either telling the truth or not.

Gambler, great find, no rules on naked shorting in Canada, what an eye opener.

Canadians are too kind and passive, but should not be with regulations.

Check out this video interview on BNN with B2Gold, he talks about Gramalote around the 3 minute 20 second mark.

www.bnnbloomberg.ca/commodities/video/ma...a-b2gold-ceo~1635688

Everyone should read this article on shorting by Financial Post, over a year ago but nothing has changed. Here are some key highlights, it is a very long article

US short trading firms are targeting Canada, probably because of lax rules and poor liquidity

short-sellers targeting Canadian companies have embraced open warfare, using social media campaigns, dedicated websites and no-holds-barred TV appearances to make their cases against individual firms.

He says the approach to white-collar crime and other forms of securities fraud is more lax here, and that companies and executives are taking advantage of this.

“It becomes a haven for these guys to operate,” Cohodes told the Financial Post.

The US has regulation SHO on naked short selling and we assume it is similar here

surprise

There is currently no prohibition on naked shorting in Canada.

Canadian regulators sleeping for 10 years

The last time Canadian regulators looked at naked shorting, in 2009, they said they did not see widespread evidence of it, or signs it was being abused.

“There isn’t a lot of disclosure or clarity about short-sale positions generally in Canada because all the information is aggregated — we don’t know exactly who holds a short position and how significant it is and what kind of downward pressure that might be putting on a stock,” says Paul A. Simon, a former partner at law firm Borden Ladner Gervais LLP who is now general counsel at Stelco Inc.

Canadian regulators removed the tick test in 2012, five years after a similar move by the U.S. Securities and Exchange Commission. However, in 2010, the SEC introduced a modified tick test that is triggered for the remainder of the day and all of the following day if the price of a security falls by more than 10 per cent. This modified tick test was never adopted in Canada.


Opponents of rampant short selling say a tick test of some kind is particularly relevant with the advent of electronic or high-frequency trading, where programmed algorithms can exacerbate extreme market movements.

RBC’s Mills says the uneven rules on short selling should trigger questions about both market integrity and investor protection in Canada, particularly because stocks traded on exchanges in this country tend to be less liquid and are therefore potentially vulnerable to large price swings.

“When this type of short-sell focused research ends up coming out, are Canadian investors more vulnerable to the markets as a result of there not being alignment in rules regarding short sales?” he said. “(And) from a market integrity standpoint, should we be aligning our rules with the U.S.?”

If there are any differences, Canadian rules should arguably be stricter, given general trading conditions in this country, and the sometimes “predatory” nature of short-selling strategies, Mills suggested.

business.financialpost.com/news/fp-stree...g-canadian-companies

The next drill round will be ,ore interesting and it looks like we could be getting a better mining market

Only 12,500 short volume last 2 weeks of May. I wonder if this includes trades on other platforms? Anyway here is the chart

You should Ask If any one wants to take a Mulligan?
I thought my 85 cents was a bit High, now I'm convinced it wont be for a while.

Interesting news from Victoria Gold this morning. Note paragraph 4, open to the south and east, that is towards Zonte boundary. Also note that Nugget is 2nd largest intrusive compared to Dublin Gulch that hosts the Eagle deposit. Both intrusives have a deposit, no doubt Zonte with the largest one at McConnells Jest will also have a deposit. VIT now has a road very close to Zonte border

WHITEHORSE, Yukon, June 05, 2019 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX.V-VIT) “Victoria” or the “Company” is pleased to announce that the 2019 Dublin Gulch exploration campaign has begun. Diamond drills and all required heavy equipment to support planned 2019 exploration are currently on the property and work will be focused on the Nugget Zone which hosts the Raven Target. The goal of the 2019 Raven diamond drill program is to define a mineable gold deposit through surface trenches and drill testing.

"The 2019 exploration program will be focused on testing of the Raven Target discovery of 2018.” stated John McConnell, President & CEO. “The exploration team, led by Paul Gray, VP Exploration, are excited by the late season trench results at Raven, and by the potential of this high-grade area as an emerging gold district.”

The Raven Target received minimal geophysics, geochemical and surface trenching exploration last year, yet results exceeded expectations; including the following surface trench results:

TR18-33 which returned 124.0 meters of 3.51 g/t Au;
TR18-37 which returned 50.0 meters of 4.15 g/t Au; and
TR18-38 which returned 4.0 meters of 7.25 g/t Au
(See Company News Release of January 18, 2019).

The diamond drill hole program planned at Raven for 2019 is designed to test an approximately one square kilometer coincident gold, arsenic and bismuth in soils anomaly that was defined from the 2018 soils geochemical program. Raven is centered in this large 1.8 kilometer long by 900 meter wide soil anomaly that remains open to the south and east. The 2018 Raven trenches covered an area of over 200 linear meters and returned scorodite, bismuth and siderite related sulphide vein exposures over the length of the trenches. Additionally, the 2018 induced polarization and VLF-EM geophysical surveys have defined a series of chargeability anomalies and conductors that coalesce at Raven and extend across the soils anomaly. These targets will be evaluated by surface trenches and drilling this season.

An important part of the 2018 Nugget exploration program was the establishment of infrastructure; including a tote trail and a 25 person exploration camp and associated facilities. This allows for exploration to proceed with minimum impact on the construction and production activities at the Eagle Gold Mine.

About Nugget Zone
The Nugget Zone, inclusive of the Raven Target, represents the second largest Cretaceous granodiorite intrusive body on the Dublin Gulch property (second only the Dublin Gulch stock that hosts the Eagle Gold Mine) and consists of a 2.2 kilometer by 1.2 kilometer, medium to coarse grained granodiorite stock of the Cretaceous age Tombstone Plutonic Suite. The Nugget stock is hosted in the Earn group and the Keno Hill Quartzite. Coincident arsenic and gold in soils anomalies occur along the contact margins of the Nugget stock. This intrusive plug is akin to the Eagle Deposit, and has been the subject of limited historic exploration work due to the inaccessibility of the area.

During the 2017 and 2018 programs, an approximately 8.5 kilometer long access trail network was established and has, for the first time ever, allowed easy access to this high priority target that up until 2018 had never been tested by advanced mineral exploration techniques.

No buying or selling at open, That's half good news.

Yes it was on Triact and Alpha at 15:48, maybe not so significant as you indicate, most would not see it. Stock looks a lot cleaner this morning. I wonder if selling was month end related?

GoldnBoy wrote: yes, and too bad ITG sold 2500 at the end of the day to knock it down. We all know what they are up to - Scoundrels!!!!!

Was this on some other platform? All I see is 1000 shares @ $0.25 sold by ITG at 15:17 Friday afternoon?

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

Can Ron S and/or someone else say what this might bring in today's trading? Sounds compelling to me !

ZONTE METALS DRILLING INTERSECTS ADDITIONAL IOCG MINERALIZATION AND IDENTIFIES LARGE IP TARGET.
June 3, 2019 TSXV: ZON

www.zontemetals.com/press-release/zonte-...ies-large-ip-target/

Goldman wrote: The 2500 shares sold near the Friday close is meaningless . There were about 40,000 shares bid at 23.5 cents . The offer was 28 cents . There were few offers until 35 cents and some offers may be fake .
It won't take many shares of buying to trades in the 30's quickly and then burst through the old high share price . This will be the last chance to purchase shares in the 20's . Smart investors will accumulate shares in June . It will be a good week and a great month .
The stock price will go up a lot because Zonte is in a fertile IOCG system . Cross Hills will be a new copper belt in Canada . There will be many targets . You don't find copper veins unless there is a source . Multiple veins are promising .
The market will wake up and the stock price will take off ! Also , hold all your valuable shares and watch the stock price steadily rise ...
Terry Christopher , keep up the great work !
Go Zonte Go !!!

I love your optimist Goldman,you should also participate in the contest.