Zonte Video - February 19, 2024

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Performance 2009 to 2023 (compound annual)

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zonte metals

  • flynn
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6 years 6 months ago #119124 by flynn
flynn replied the topic: zonte metals
Isnt it funny how time changes everything. 2 weeks ago the stock was hovering in the 30's and we where all excited waiting for drill results, chatting about how high this stock will be.
Now i read that we hope something will turn out some time next year, and we are back waiting for colombia news.

Cant wait till what happens next week.

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6 years 6 months ago - 6 years 6 months ago #119123 by ron
ron replied the topic: zonte metals

DearJohn wrote: Typical slow Friday

Pasta, sounds like you made a good move, especially if you buy back at a 50% discount for the next run up. ha ha

If you like most of us that have been in here a long time, you know it can be difficult to buy any sizeable position once the sellers fears subside.

Wish I would have sold higher, could have bought a lot more under 20 than I did.

Everyone have a great weekend


the tax selling in december might offer a good opportunity
to buy ZON at a low price again,i'm even wondering if zonte won't print
$0.10 again,if so,that would be a steal,like rick rule likes to say,
if you like a stock,wish for it to go lower so you can buy more again,
will zonte perform in 2018 like GGI did in 2017,we are all wishing for
that to happen,

zonte will announce soon (as RonS pointed out) that
they're starting their drill program in newfoundland,i hope the speculation
will help to keep the stock over $0.20,if they start drilling mid-november,
we could have results mid-january,will the court settlement in columbia
be settled soon in 2018,if so,

that would bring money in the till,lots of
questions to be answered,i still have all my shares,that's why i ain't
buying now,i'm on the sideline and waiting,but if it goes back to $0.10,
you can be sure i'll click on the buy button real fast,

GGI,i bought it in 2002 and sold it in 2005 for a really small gain,
when ron recommended the stock,i wasn't sure if i wanted to buy it back again,
it took 9 years since 2008 for the stock to do something interesting,of course,now i'm
kicking myself in the butt,zonte is in his seventh year,

i'm confident that 2018 will delivered good news for the stock to be
trading at a much higher price,news from columbia,NFDL and the yukon,
could confirm that zonte is worth all those years of patience.

web.tmxmoney.com/charting.php?qm_page=8082&qm_symbol=GGI

web.tmxmoney.com/charting.php?qm_page=70367&qm_symbol=ZON
Last Edit: 6 years 6 months ago by ron.

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6 years 6 months ago #119122 by DearJohn
DearJohn replied the topic: zonte metals
Typical slow Friday

Pasta, sounds like you made a good move, especially if you buy back at a 50% discount for the next run up. ha ha

If you like most of us that have been in here a long time, you know it can be difficult to buy any sizeable position once the sellers fears subside.

Wish I would have sold higher, could have bought a lot more under 20 than I did.

Everyone have a great weekend

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6 years 6 months ago #119121 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Alex agree very little volume so most sat tight, very slow day for lucky Friday 13th, here is market depth, not many sellers until 19 cents and only about 25,000 below so about $4,000 worth of stock, peanuts
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6 years 6 months ago #119120 by Pasta
Pasta replied the topic: zonte metals
AlexGreat
All good points. I have to agree with most of what your saying. I was thinking of picking up some more stock but I was also thinking of waiting a bit also.
At one point I held a lot of stock but sold most of my position. It could be a good time to buy but as you said I think I have some time. my thoughts are 3 months of the stock doing nothing. Maybe I'm wrong ???

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6 years 6 months ago #119119 by alexgreat
alexgreat replied the topic: zonte metals
Pasta interesting points, but for every seller there is a buyer. I would bet after last Fridays drop - buyers are leery and scared, they are in no rush, they may think they can bid and get it cheaper? Is the sell off over??

I think this flat trading is good, it will help build confidence that a bottom is in. A quick bounce back up and then if it went back down would only make it worse.

Volume has dropped so not only is there not many buyers there is not many sellers either.

We only seen two higher volume days of 2.6M and 1.3M, so make it an even 4M, take out all the wash computer or short trades through Jitney and Anonymous that GB posted here and it was probably closer to 2 million. A stock with 43M shares out and this tells me most of it sat tight and went no where.

Or looking another way, many here follow GGI, it has twice as many shares as ZON but trades about 10 to 20 times more shares per day, a lot of loose stock on GGI compared to ZON

It is very easy for shorts to manipulate low priced stocks, it does not take much $$. We will see the short volume report next Monday or Tuesday and if there was a lot of shorting we should see a jump higher in short volume, so not long to wait

It sounds like you have not bought at these low prices so your own thoughts probably answer your own question.

You ask what are you missing and I would guess confidence and you probably have lots of company

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6 years 6 months ago #119117 by flynn
flynn replied the topic: zonte metals
Too funny, I was just thinking the same thing, how could we have been flat lined all week at the low close of last Fridays sell off.
Any insiders buying?
Any institutions' buying?
Some basher/pumper at stock house pointed out the same thing, they think it was a take down to get cheap shares, cause Colombia is going to be settle soon. I was wonder who are these people?
I was hoping for a bounce off the low's this week, maybe next.

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6 years 6 months ago #119116 by Pasta
Pasta replied the topic: zonte metals
I hear a lot about shorts and manipulation on this stock but I am not convinced they are the full reason for a low share price.
I also hear talk about how cheap the shares are and the talk about the many long term investors and onlookers their are.
with all this combined and a low share count 42 million. I don't see how shorts can be able to manipulate this so much.
If this stock is such a good deal at 17-40 cents why is it sitting there with no buyers??
usually if its a no brainer as suggested this stock would have cleaned up all the shorts by all those investors and it would be sitting much higher instead of at 17 cents.
Thing don't add up. Maybe i'm missing something.
I used to own quite a bit of stock sold a lot along they way but I still hold a little bit of it and would like to see it do well.
What am I missing here ?
Right now I see a 17 cent stock

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6 years 6 months ago #119111 by Gambler
Gambler replied the topic: zonte metals
Got to like those shorts getting squeezed in GGI this morning, up $1.50 in 1st half hour. Hope ZON shorts get their lesson soon

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6 years 6 months ago - 6 years 6 months ago #119100 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Here is market depth, a little while ago, I forgot to post, since then I think the bid hit for 20,000

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Last Edit: 6 years 6 months ago by GoldnBoy. Reason: formatting

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6 years 6 months ago #119098 by flynn
flynn replied the topic: zonte metals
Would be nice to get some kind of news, to spark interest.
other then waiting for Colombia's paint to dry.

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6 years 6 months ago #119097 by alexgreat
alexgreat replied the topic: zonte metals
volume easing off, maybe shorts and sellers running out?

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