zonte metals

Yes short volume only 63,675 so most selling must have been 10 cent placement paper, but somebody has been soaking that all up. Stock holding up well considering the weak Gold and mining market.

Short snapshot on July 3rd

Jun 1 2017 140 42.553 782,200 53.825 $241,533 53.466

Jun 16 2017 30 6.397 190,500 6.518 $53,563 6.199

Jul 3 2017 13 3.976 63,675 3.176 $20,324 3.289

looks as if the shorts have covered. It doesn't look like a short squeeze anytime soon but is this the start of a steady climb??? we will see

Short snapshot on July 3rd

Jun 1 2017 140 42.553 782,200 53.825 $241,533 53.466

Jun 16 2017 30 6.397 190,500 6.518 $53,563 6.199

Jul 3 2017 13 3.976 63,675 3.176 $20,324 3.289

looks as if the shorts have covered. It doesn't look like a short squeeze anytime soon but is this the start of a steady climb??? we will see

JimB wrote: On Silicon Investor someone called Rocket Red, posted, yesterday, June 30:

"Yukon Drilling should start next week sometime as my conversation with company reps"

www.siliconinvestor.com/readmsg.aspx?msgid=31166191

One would think that would be accompanied by a news release, helping to get eyes on the aggressive approach this company is taking to prove up what is there.

Also a positive post from ontarioman at stockhouse,

www.stockhouse.com/companies/bullboard/v...-inc?postid=26428670

On Silicon Investor someone called Rocket Red, posted, yesterday, June 30:

"Yukon Drilling should start next week sometime as my conversation with company reps"

www.siliconinvestor.com/readmsg.aspx?msgid=31166191

One would think that would be accompanied by a news release, helping to get eyes on the aggressive approach this company is taking to prove up what is there.

JimB thanks for those posts, it sums up the potential at Jest very well. It is going to be the factor on the stock price near term. Will see if I can get them up on Silicon Investor as well

The only thing would help the Colombia picture near term is some media coverage.

There will be a lot of eyes on Zonte's exploration at Jest, if the drills hit, the big money will be interested.

Ron, good question and I think one year is very possible but many moving parts.

You don't get much info from Seniors on exploration because it is not that material, so we see an update 4 times a year in the quarterlies and last one shows they are still working and advancing Gramalote.

If Anglo thinks gold and the market will be soft they might take their time, but if the gold price got better, I am sure they would move quicker.

The first step would be some indication what they are doing. If they decide to go to court it would drag out longer. Neither them or Zonte could divulge if they were in talks on any agreement until it is done. Our 1st clue might be in next qtr. report

JimB,that's encouraging,didn't see nothing from hardrockclaim (Bill Carson) lately on stockhouse though,the question,how much will be the share price of ZON in one and two years from today,the way hardrockclaim (Bill Carson) talks about it,$5 to $10 would be nuts,i like to dream about those figures when i go to bed...lol...

RonS wrote: ron, I dug up a more precise explanation from an old update

For mine claim staking, Colombia uses an older system, the Universal Transverse Mercator (UTM) that uses a 2-dimensional Cartesian coordinate system to give locations on the surface of the Earth. One must download the UTM coordinate data from the Mine Ministry to ensure accuracy of claims.

I would surmise that Anglo did not download that data when they staked the claims or who ever done it for them

so like you said,they're the ones who screwed up,that's good news,what's the next step for AU,

your one year target for an agreement, is it a realistic one or it could take much longer for a buy out of Zonte's claims,and how eager is AU to commence their project at gramalote ?

In addition to the one just posted, there is also this one from hardrockclaim (Bill Carson) from April 25, 2017. Note this part especially,
" bearing in mind that scientific evidence indicates McJ has geology and results that suggest the deposit there is far bigger than the neighbors. But consider this, even if it were only HALF the size that would still be $4 Billion in the ground with infrastructure and expertise already in place to mine it."

This is just the Yukon property, and the Gramalote and Newfoundland added to it, makes this so exciting.

"Just the facts, maam"
Some facts about McConnells Jest to ponder. First of all it has infrastructure in place to the claims, a power transmission line nearby, it has an adjoining neighbor that has been an operating mine for around 100 years (Keno Hill and Elsa, currently mined by Alexco) as well as a permitted mine adjoining another border (Victoria Gold - Eagle deposit 6.3 M oz gold proven and probable), so crushing plants, power, roads, equipment, heap leach facilities and so much more are really already there. Now, add to that the fact that the geology at McJ not just mirrors the geology of the neighbor (Victoria Gold - Dublin Gulch) but sampling suggests it exceeds the footprint and grade (Eagle deposit is a glacially spared "upended" block of the original mineralized carapace of the plutonic intrusion, whereas McJ actually has the entire mineralized carapace intact). All evidence to date bears this out. The P. geo that has been deciphering McJ geology and data, also creator of the recent NI 43-101 report for McJ, was the Chief Geologist for the neighboring Eagle Deposit (Strata Gold then Victoria Gold - Dublin Gulch claims) and was instrumental in unlocking the knowledge of that geology and advancing the project to the permitted to mine resource it now is. We should factor in that Yukon has again become a very attractive and stable jurisdiction for exploration and mining. Several Major mining companies have swooped in recently and made acquisitions. This is a significant commitment on their part. McJ is an attractive target. We should also consider Kinross Gold, the mining giant that has a piece of the action next door at the Eagle deposit too. The final piece of the pie is that the extremely tight share structure of Zonte Metals makes it a very attractive takeover target. There is a lot of room to wiggle there. There has been no share dilution to speak of in order to raise cash. Compare the fully diluted amount of shares between Zonte and Victoria Gold, bearing in mind that scientific evidence indicates McJ has geology and results that suggest the deposit there is far bigger than the neighbors. But consider this, even if it were only HALF the size that would still be $4 Billion in the ground with infrastructure and expertise already in place to mine it. These are all facts that are public information. When you view them all together its tough to see much downside. "Ya pays yer money and ya takes yer chances." Best of luck and good management to you all, good folks.

Read more at www.stockhouse.com/companies/bullboard/v...#XY9pjSLf0dK87kpA.99

Ron Struthers, of course, gives us the professional insights into Zonte and why it is such a strategic buy. But looking back over hardrockclaim's posts on yahoo, this one from February, 2017, is a great one to keep in mind, as hardrockclaim is Bill Carson who, as he says, originally recognized, staked, and advanced the claim. He did so with experience on the Victoria claim.

"Time to jump in !!

Rallies followed by adjustments are par for venture stock. I'm not a reliable source of info on the duration of the current rally. BUT on a longer timeframe I will share what is public knowledge. My thoughts relate only to the McJ property... anything from Columbia or Wings Point is certainly "live" and may play a very positive role though. I will share what the"public knowledge" as follows. I recognized, staked and advanced McJ... but prior to that I have had boots on the ground and spent time in the core shack at the neighboring Dublin Gulch property (Victoria Gold and Eagle deposit etc). Mc J has an Intrusion twice the size, mirrors the mineralization styles at Dublin Gulch, seems to have much stronger grab sample results, a higher concentration of vein systems and most importantly the "carapace: containing the Lions share of mineralization within these systems is contained there, within the brittle carapace. Results in the heart of the McJ intrusion are found only on the steep plunging sides of the intrusion at Dublin Gulch (Olive and Shamrock zones). The Eagle deposit itself is an upended block of said carapace that was spared from erosion. McJust appears to still be, at least partially, "roofed". It has every chance of eclipsing the neighboring deposit. Who knows for sure until more work is done... but the clues from the science speak volumes. Add in the fact that McJ is very close to infrastructure, has high potential for other commodities (over printing from Keno Hill silver district), has basically an operating mine on either side of it and is in a highly stable and mining friendly jurisdiction... the clues, as far as I can divine, say go big and go long. Cheers.

Read more at www.stockhouse.com/companies/bullboard/v...#QcmwUdQwuB3OKrRR.99

Funny that nobody would listen Zonte about Wings and NFLD a few years ago and now all this big money jumps in. I am betting on the lead horse rather than jonhny come latelys