Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

Performance 2009 to 2023 (compound annual)

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4 years 11 months ago - 4 years 11 months ago #122879 by JimB
JimB replied the topic: zonte metals
I was surprised to get at 10:41, 500 of the 900 shares I had in to buy at $.275.
Last Edit: 4 years 11 months ago by JimB.

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4 years 11 months ago #122878 by ron
ron replied the topic: zonte metals

flynn wrote: I was the 5K @ 28 cents from TD today


I'm on the bid at $0.275 for 500 shares.

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4 years 11 months ago #122877 by flynn
flynn replied the topic: zonte metals
I was the 5K @ 28 cents from TD today

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4 years 11 months ago #122876 by RonS
RonS replied the topic: zonte metals
Here is market depth by price

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4 years 11 months ago #122873 by Gambler
Gambler replied the topic: zonte metals
Well who ever it is, very nice to see more interest in the stock. Maybe not great the price was knocked down, but they will gradually move higher to accumulate. I put in a bid today.

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4 years 11 months ago #122872 by lynnsa10
lynnsa10 replied the topic: zonte metals
Great trading summary Ron put out this morning. I was looking at the web site for ITG, the new trader on the scene. These guys are for sure working for big money and/or institution. Have a look through their web site

www.virtu.com/solutions/execution/

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4 years 11 months ago #122866 by ron
ron replied the topic: zonte metals
next tuesday would be great for a news release of holes 3 and 5,
already 1 month passed since the last one on april 23th.

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4 years 11 months ago #122865 by ron
ron replied the topic: zonte metals

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4 years 11 months ago - 4 years 11 months ago #122864 by ron
ron replied the topic: zonte metals

Goldman wrote: Great support from the long and new Zonte shareholders . Strong close . Upwards next week . This week putting in a few small bids worked to raise the stock price . Do it again next week ! Enjoy the long weekend.



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 11 months ago by ron.

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4 years 11 months ago #122863 by Goldman
Goldman replied the topic: zonte metals
Great support from the long and new Zonte shareholders . Strong close . Upwards next week . This week putting in a few small bids worked to raise the stock price . Do it again next week ! Enjoy the long weekend.

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4 years 11 months ago #122862 by Goldman
Goldman replied the topic: zonte metals
Great support from the long and new Zonte shareholders . Strong close . Upwards next week . This week putting in a few small bids worked to raise the stock price . Do it again next week ! Enjoy the long weekend.

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4 years 11 months ago #122861 by ron
ron replied the topic: zonte metals

Gambler wrote: Lets see if they get any fills or have to go higher


just bought a small 1000 shares at $0.28.

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