zonte metals

JunglistGuy wrote: Hi Ron, my guess is $7.25. A big jump from last year

I have been looking a lot into these IOCG systems and in many cases they are very huge and the economics are very good. Just consider that Cross Hills has 4 big anomalies - this is not a fluke.

This could be multiple big deposits, it could be a district play if they hit on first several holes at Dunns the stock could go bananas. Imagine 100 or 200 meters at 0.5 to 1.5% in an IOCG. Voisey Bay here we come.

Remember that NFLD was one of the biggest copper producers in the world before WW2. I bet there is more there

ok,got you at $7.25,

the great predictions for the high of zonte in 2019

those who participated in 2018 and didn't give me their pick in 2019,

kwilson17-$0.51
CIMA-$0.40
Hugo123-$0.45


and new participates are welcome,
golfdub1
GoldFever

2 under $1 or even
Flynn $0.85
davplan $0.98

3 under $2 or even
415 $1.35
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

3 under $4 or even
JimB $3.45
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

2 under $7 or even
RonS $6.50
kalen9999 $6.55

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

under $11 or even

1 under $12 or even
meguma $12

1 under $13 or even

1 under $14 or even
Iwtfu005-$13.50

the most optimistic:Iwtfu005
the most pessimistic or the most realistic:Flynn

the predictions will be accepted until march 1st 2019,
those who want to change their pick before that date are welcome,we can't predict when the results will be out,but there will be more than one hole in 2019,so the high of the year could be determined in the late months of 2019.

the prize from RonS,
That is the excitement of junior exploration,one drill hole can completely change a company.I will also offer 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!!!!!!!!!

RonS wrote: Bids look good, if buyers get more anxious as drill results get closer, could see this make a good move

how many meters is a long intersect ?

Bids look good, if buyers get more anxious as drill results get closer, could see this make a good move

Market depth looks good

Gambler, good points about stockhouse etc.

I see the same thing play out over and over again. Everyone jumps on a stock after it goes way
up, a lot higher, but no way in hell can you get them to buy when it is cheap, quiet and under valued.

It is the nature of novice investors, I guess they need action or thrills. Some say it is confidence - if the stock is going up - then more investors are behind it so it is the herd comfort.

It probably took me 20 years before I had the smarts and nerve to go against the crowd, and that is when I made all my money. Zonte, will be the same, at $1 and $2 there will be millions of buyers, but at 30 cents, nobody

All aboard!!!!!!!!!!!!!!!

Junglist - you make some good points. Nobody really has any clue about these IOCGs in N America and that is probably why the stock has not responded. Very view if any get it or understand it.

They will understand 200 meters of 1% copper though, but even so, if they do not know IOCG systems, they will under estimate the potential by huge amounts. We have a real advantage here on this forum, called knowledge from a lot of people that have been playing exploration stocks a long time.

And thanks to everyone that digs up the facts and turns over the rocks. The other thing I like, ZON is not talked about anywhere else, it is a secret waiting to be discovered. When it is a hot topic at stockhouse, I will be taking profits

Hi Ron, my guess is $7.25. A big jump from last year

I have been looking a lot into these IOCG systems and in many cases they are very huge and the economics are very good. Just consider that Cross Hills has 4 big anomalies - this is not a fluke.

This could be multiple big deposits, it could be a district play if they hit on first several holes at Dunns the stock could go bananas. Imagine 100 or 200 meters at 0.5 to 1.5% in an IOCG. Voisey Bay here we come.

Remember that NFLD was one of the biggest copper producers in the world before WW2. I bet there is more there

flynn wrote: Maybe it will be like Yukon was the golden child. Zonte will just rent a room.

RonS answered the question,

I have Zonte a strong buy on drill speculation as no speculation is built into the stock price thus far.
Drilling is going well and they are now into the 2nd drill hole. Drill core is into the lab and I expect we will
see drill results before or maybe during PDAC. That would be good timing as CEO Christopher is planning
to be at PDAC.

RonS is being conservative with the grades,

I would like to see a long intersect of 0.15% to 0.3% copper, I hope it is higher.

how many meters is a long intersect ?

flynn wrote: Maybe it will be like Yukon was the golden child. Zonte will just rent a room.

Perfect,at least they will be there and meet RonS and other people.

Maybe it will be like Yukon was the golden child. Zonte will just rent a room.

GoldnBoy wrote: Also, who is buying all the time

I'm wondering if zonte will be at PDAC.

Also, who is buying all the time