zonte metals

drill results?
aren't we waiting for a drill program to be started?

alexgreat wrote: ron, yes $1 would be very conservative with a discovery. GGI ran up to $450M market cap on discovery and currently is around $250M. I think that is why people have predicted $5 or so share price.

SIC ran to $45M market cap on a BS discovery. Also consider there are few juniors as strongly held as ZON

how many km is zonte from voisey's bay,

The Story of Voisey’s Bay: The Discovery (1 of 3)

www.visualcapitalist.com/the-story-of-vo...he-discovery-1-of-3/

GoldnBoy wrote: looks like other platforms just covered shorts at $0.27 and will now go short at $0.29. I would laugh if a big buy order came in

someone on SH is thinking that zonte will be the next voisey's bay,didn't understand the 100s of meters ?

Ok, you read it hear first. Few investors understand a new discovery thtat has never been made in a country, like Voiseys Bay, that is the potential of ZON. The first IOGC system discovery in Canada - - - - - . If drill results come up with 100s of metres of copper, the stock will soar to $20 to $50, if not it will remain at 20 to 60 cents,


www.stockhouse.com/companies/bullboard/v...#CgCEK0Dr57dhMhUR.99

looks like other platforms just covered shorts at $0.27 and will now go short at $0.29. I would laugh if a big buy order came in

GB, awesome, I have a bid in, hope to get some more

Thank you, got some cheap stock this morning

ron, yes $1 would be very conservative with a discovery. GGI ran up to $450M market cap on discovery and currently is around $250M. I think that is why people have predicted $5 or so share price.

SIC ran to $45M market cap on a BS discovery. Also consider there are few juniors as strongly held as ZON

Iwtfu005 wrote: Ron you posted the one from February. This is the updated one: zontemetals.com/uploads/2018/09/ZONTE-Co...tion-Sept-4-2018.pdf

i like the conclusion,specially the ending,

with maintaining control on dilution.

Summary
• Three drill ready projects:
(1) Cross Hills,
(2) McConnells Jest
(3) Wings Point
• Each property has multiple targets to drill and or explore.
• At Cross Hills: priority targets are being discovered. Exploration
continues.
• Exploration at Cross Hills is ongoing.
• Property portfolio has a mix of Gold, Copper and possibly Pb-Zn.
• Company is well structured and focused on discovery with
maintaining control on dilution.

Gambler wrote: thanks Hoss and good points, but what could we expect if zon makes a real discovery

$1+,it would bring the market cap around 55 million,why not,
and $1 is very conservative,if the discovery is really big,$5 could be the next stop.

thanks Hoss and good points, but what could we expect if zon makes a real discovery

Alex, last year the stock traded a fair bit between 33 and 36 before it dropped below 20 cents. Many investors get very upset with the loss and hope that some day the stock will recover and they can sell and break even. It is purely emotional trading but that is what many investors have a hard time over coming.

That is a way we can estimate resistant levels on charts. There will be some sellers around 35 and then around 42, the break even crowd, once past that the stock will move higher easily.

Once an investor can over come their emotions they will be more successful. Junior miners are volatile and nobody can be certain how they will move next, but you need to take advantage of what the market offers.

Those that bought in the 30s and 40s and held through the drop, could have averaged down when the stock built a new base around 20 cents. They would now be up on their position instead of still waiting to break even

Thanks Hoss, I found short volume reports at IROC, www.iiroc.ca/news/Pages/Short-Sale.aspx

You have to download the spreadsheet, anyway for ZON last 2 weeks of August short sales were 59,305. I also looked at SIC, over 5 million. Why do you expect more sellers in mid 30s??