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

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.

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

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

Here is market depth, a little while ago, I forgot to post, since then I think the bid hit for 20,000

Would be nice to get some kind of news, to spark interest.
other then waiting for Colombia's paint to dry.

volume easing off, maybe shorts and sellers running out?

flynn wrote: What can make this stop and move on? Does a small mining company have any tools to fight?

When will the next drilling be announced,ron was saying soon,
i'm talking about newfoundland,if the columbia dispute can be settle in 2018,
that would be great,otherwise,zonte will need another financing before
the project in the yukon in 2018.

What can make this stop and move on? Does a small mining company have any tools to fight?

Hoss, here is that trading summary report, shows Jitney around 675,000

Doing the short shuffle cha cha cha !!!

A trading summary with Jitney circulating around some shareholders, maybe see if someone can help me post it.

In simplest terms. Jitney buys 10,000 shares from RBC to move to some house under Anonymous who sells to short the shares. Then Anonymous buys back to cover and Jitneys same 10,000 share back to another buyer in the market.

In the end Jitney sells and buys equal amounts although they can be off side a certain amount any given day. The whole process creates a supply of shares that is really not there because the same shares get bought and sold twice.

Hope that helps explain

Fynn, shorts will move on when volume slows and they scare out as many holders as they can. They mostly buy back their short position same day or within 1 or 2 days so they don't have to report a short position. We will see some of it in the short volume report for Oct 15/16.

IMO, getting late in the year so, I doubt we see another Yukon drill program this year, just NFLD