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mozrep wrote: Looks like I picked up the only cheap shares today...12,000 at $0.18
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flynn wrote: News letter update, on April 3, 2018
Zonte Metals TSXV:ZON OTC:EREPF Recent Price $0.23 Entry Price $0.15 Opinion – strong buy
If it was a strong buy at 23 recent, why wouldn't it be a stronger buy now a 17 cents.
anything happen in the last 3month
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PerseusLtd wrote: I asked RonS about the Hold on Zone and i forward here his answer:
Hi Markus, if you recall, I mentioned in a previous article that there was 18 cent warrants on Zonte that expire end of July
and the stock would not go anywhere until after that date. That is the reason and I will probably update with a buy in late July
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RonS wrote: Thanks Alex, you are too kind. I do promise to try my best. Here is some good news, Anglo will want to press on in Colombia because they admit in public that Gold in South Africa is a sunset industry and they will move elsewhere. They now mine 13% of their gold from SA compared to 43% in 2007.
Output will continue to shrink as miners chase ever-deeper ore bodies while struggling to keep costs down, said AngloGold Ashanti Ltd. Chairman Sipho Pityana. That means the Johannesburg-based company has decisions to make about its future in the country.
Sipho Pityana
Photographer: Waldo Swiegers/Bloomberg
Gold Street Is Where South Africa’s Mining History Goes to Die
“Gold is a sunset industry,” Pityana said in an interview last week in Bloomberg’s Johannesburg office. “It doesn’t matter what you do, it doesn’t matter how you do it, you are not going to be able to change that.”
www.bloomberg.com/news/articles/2018-07-...f-south-african-gold
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