zonte metals

Any idea when we are suppose to expect some news from the company?

Also, as far as the previous drill results are concerned, was the results "THAT BAD" that the stock deserved to drop 40%?

I'm no gold expert, but I've read the report and the very fact that it proved the existence of gold, it should have raised the stock price as the price was so low to begin with.

I can't seem to wrap my head around it.

We are all investors here of zonte. Open accounts at stockhouse and silicon investor and start chatting there as well.

Very good Zonte posts this month . The share price should not stay at this 16- 17 cent level . This stock is oversold ! Investors should add now because when it moves up , it should nicely increase . Don't wait for the price move up or you will miss it ! Go Zonte Go !!!

I think maybe jdate said it best, ZON is a black swan undervaluation. Black Swans usually see radical movement, in this case up. But as always - when?

Market depth looks good, lots of bids but seems to be a seller at 17, of course good old anonymous

So no short position, and all the selling on those 2 days "could" be shorts buying and selling we just dont know.
What i get out of this, investors just wanted out, there where hoping for better results.
Its been two weeks now, ususally isnt there a rally if everyone believes it was "over sold". We are sitting now lower then the sell off.
Maybe there was to much faith in yukon and it was bid up. Who knows.
In my mind colombia is the gamble, and Who knows when that will happen. We sat for years below 10 cents waiting. We can easily go back.

Short position report out and only 2k there so nothing. Any shorts must have covered into the volume. Maybe a good thing they are out of the market?

www.stockwatch.com/Analytics/Shorts.aspx...&symbol=ZON®ion=C

I think GB was referring to those that bought in the 30s, there was a lot of volume there and then sold when it dropped. Agree the seller in the last couple minutes was probably an emotional seller. You have to have strong discipline to trade/invest in these juniors just like playing your hand. Investors get bluffed out of their stock positions just like a card game!!!

I wish I sold in 30s and buying back now but that is easy in hindsight, sort of like folding your hand and finding out at the end it was the winner.

I would do the same thing if I wanted to buy 100k at these prices, 20 at a time, else you can just bid up 2 or 3 cents to get filled the whole 100k.

I would like to thank the Scotia seller tooB)

All those who sold in the 30's and 40's
Have the choice to buy back now, dont seem like fools.

I dont think news about starting a drill program in NFLD is going to pop this stock.
Probably just stop the bleeding for a while.
Whenever it happens, colombia is and was always the best bet.

Tom, I hope this helps and probably the Gambler could answer better - but when you trade low priced stocks with not a lot of volume, you hide your hand.

If I wanted to buy 100,000 shares and show that bid it makes it look strong with a lot of buyers, so sellers will sit back and hope you bid higher,

But instead you only bid for maybe 15,000 at a time and the stock looks weak, so sellers see it, get worried that there is not many buyers and sell.

If I am the buyer I maybe only getting 15k or 20k at a time but probably at a lower average price over all.

Same thing when I sell, I don't offer the 100k but maybe 20k at a time.

That Scotia seller in last couple minutes of the day was a very desperate seller or a stupid one,

But this is probably a true statement ' a fool deserves to be separated from his money'

Im always wondering which is the lesser evil. Keep buying stock as it raises, or keep buying stock as it falls.
Againts it only matters when u sell it all.

GoldenBoy, I mostly read posts but wondering why you did not bid for more stock if you wanted it, seems strange to me???