zonte metals

the ball has started to roll. Lets hope its a snowball going down a hill.

Zonte Announces the Start of Exploration at the McConnells Jest Project, Yukon

seems the hot stock for Monday is ZON, nice move back up today

GoldnBoy wrote: Quiet Friday, here is market depth around 2PM

Havé you hot the one of
Monday. Thanks.

Quiet Friday, here is market depth around 2PM

Newmont moves into Colombia, invests US$109 million in Continental Gold, well above market price

www.continentalgold.com/en/continental-g...-by-rk-mine-finance/

Maybe shorty is getting frustrated, I see Anonymous selling and buying stock to himself or buddies

Agree it was quite the drop, but it looks like most investors held and shorts did most of the selling. Ok for me, I added to my position. We get short report May 15th, so they have 5 days left to cover, but 15th is Monday so I guess only 3 days.

I seen Ron's page on ALZ and am following it

It was brutal for ZON .... a nice high of 48 down to 31, (in three sessions ! ), seems like many investors ran to the exits like the building was on fire ....

I'm in ALZ .... whispers that not only gold has been drilled out but cobalt too (Tesla battteries) has been discovered on their property in Ontario.

Ron Struthers likes ZON and I agree with him, good company with great prospects.

Ron is also watching ALZ's progress as well.

Cheers GoldFever

Todays trading summary, take out the 225,000 from Anonymous and Jitney that was probably short trades and the real volume was around 150,000.

I also noticed 86,000 on top of Anonymous and Jitney was on other trading platforms, mostly 'CX2',

7 of last 10 trades is anonymous (1 jitney) buying and covering shorts at .33 and .34

Looks like Anonymous is starting to buy back now

Ron sent out an update and I asked if I could post the chart and technical comments here, see below.



With ZON, there is simply a pile of indicators all showing the same thing and this is the 30 cent area is probably a bottom in this correction. For those that missed the run up early in the year, this is probably the best buying opportunity you might see before exploration results from the Yukon.

The 30 cent area was resistance and support back in February and is also home to the 100 day moving average.

The stock has dropped below the lower bollinger band, this is a condition that does not normally last more that 2 or 3 days.

Fast stochastic show an over sold condition.

RSI is also showing over sold, seldom you see a stock or an index show a reading here of 20 and we are very close to that.


The other observation is the sell off is on low volume, so that signals no big concern in the market. It is more just a lack of buyers than a lot of sellers.