zonte metals

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3 years 4 months ago #118067 by RonS
RonS replied the topic: zonte metals
Spoke to Christopher late last week and he had just finished on the Two Four zone and submitted samples. He was going to work the Pink zone this week.

He told me from what he has seen so far it is a lot better than even his most optimistic hope.

Can't wait to we see first sample results, I would expect 2 to 3 weeks??

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3 years 4 months ago #118065 by GoldnBoy
GoldnBoy replied the topic: zonte metals
That is true, they have to buy back at some point and if there is not a lot of sellers from the 10 cent financing those shorts could be in trouble. The stock has a strong shareholder base, maybe something they did not figure in

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3 years 4 months ago #118064 by flynn
flynn replied the topic: zonte metals
I guess the only bright light is that they have to one cover.

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3 years 4 months ago #118063 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Here is the trading summary from May 1 to 15th, obvious the shorting was done through Anonymous as they were the big seller at 622,900

What is amazing is total volume at 1,221,987 means almost half the volume traded was short selling
Attachments:

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3 years 4 months ago #118062 by flynn
flynn replied the topic: zonte metals
I believe most if warrants are in STRONG hands. If not we are looking at a bad summer

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3 years 4 months ago #118061 by Gambler
Gambler replied the topic: zonte metals
No I think it is shorting ahead of the 10 cent placement that comes free trading June 1st. Maybe someone locking in their profit early, but short term fools. IMO

Short volume was reported higher still at 555,000

shortdata.ca/?c=zonte-metals%20inc.-short-sales&sym=ZON.V

I would bet we see a million short position by June 1st???

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3 years 4 months ago #118060 by flynn
flynn replied the topic: zonte metals
you think they know something that we don't ?

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3 years 4 months ago #118059 by Hoss
Hoss replied the topic: zonte metals
largest short position ever on the stock, reported May 15 at 414,000

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3 years 4 months ago #118058 by flynn
flynn replied the topic: zonte metals
This Anonymous has the bid at 32.
I believe its a good thing more shares are coming to the market. We need the volume in trading to raise.

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3 years 4 months ago #118057 by ron
ron replied the topic: zonte metals
the stock is held in strong hands,
we might selling for a profit,
but like Ron said,ZON is going to hold.

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3 years 4 months ago #118056 by flynn
flynn replied the topic: zonte metals
Maybe news on columbia or an update on jest will come out and no one will sell.

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3 years 4 months ago #118055 by RonS
RonS replied the topic: zonte metals
I see news was announced Feb 1st that Financing was closed, so 4 months hold would be up June 1st. I don't think there will be a lot of selling, but you would have to expect some. Current 35 cents is a good profit from 10 cents??

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