zonte metals

Remember the PP was at $0.25 and $0.3.

Right now, the stock is trading at less than half of the PP.

This is a bargain.

We can buy stock cheaper than those in the PP.

This is a good thing.

looks like bids building, bargain hunters?

Considering 190k short some PP already sold. March 15 short position should be out by end of week

The 4 month hold on that PP paper comes due Mar 28th. Brokers allow you to go short (as you have shares coming) 2 weeks before your 4 month hold period date. Which means we will see that paper hit the market about Mar 14. Just in time for assays.

GoldnBoy wrote: here is depth

Another week with no news,they don't want to release it or what,guess we need to be patient.

here is depth

Big Donald wrote: Just checked Instagram there are a few more videos that were added

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!!!!!!!!!

Just checked Instagram there are a few more videos that were added

Dreamer wrote: Spoke with Terry just now and thought I would share some things I learned (I am a novice on the mining side).

He told me Zonte is the first Company to really go after a large IOCG play in Canada.

And the analysis from the first few holes is not going to tell the story; in fact, he suggested he will probably expand his drill plans further which shows confidence.

He suggested samples going into the lab would coming back in 3 or 4 weeks as they too have a queue.

The winds have been punishing even pushing the drill off its base for example. Now the rains will cause a bit of grief! He has been mostly on site since Jan 3rd; he is an impressive guy by being there ensuring things go as quickly as possible.

Terry is also on top of Columbia, has submitted lots of documentation & rebuttals but he is savvy enough to know that you can't push a judge there.

great post Dreamer,the words of terry are music to my ears.

lynnsa10 wrote: This week, Seabridge SEA about $18.50 updated their 43-101 resource at their Iron Cap project.

5.576 million ounces gold at 0.41 g/t and 2.051 billion pounds copper at 0.22%.
It also has 62 million ounces silver at 4.6 g/t.

seabridgegold.net/News/Article/755/seabr...llion-ounces-of-gold

i'm praying for zonte to replicate the chart of SEA one day,

some reading,easier to read if it's downloaded entirely in pdf on the upper right side,the first company covered is from colombia,GCM.

resourceworld.uberflip.com/i/1078872-res...-2019-vol-17-issue-2

Spoke with Terry just now and thought I would share some things I learned (I am a novice on the mining side).

He told me Zonte is the first Company to really go after a large IOCG play in Canada.

And the analysis from the first few holes is not going to tell the story; in fact, he suggested he will probably expand his drill plans further which shows confidence.

He suggested samples going into the lab would coming back in 3 or 4 weeks as they too have a queue.

The winds have been punishing even pushing the drill off its base for example. Now the rains will cause a bit of grief! He has been mostly on site since Jan 3rd; he is an impressive guy by being there ensuring things go as quickly as possible.

Terry is also on top of Columbia, has submitted lots of documentation & rebuttals but he is savvy enough to know that you can't push a judge there.

Putting in casing for the Next one

www.instagram.com/p/BvCqqL6gRGD/?utm_sou...igshid=16eo6eodlfjdl