Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

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7 years 5 months ago #117396 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Agree, good to see more trading, last several weeks been pretty quiet with the golds, especially juniors. I expect we see the normal pick up in January, hope it is a lasting one like earlier this year

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7 years 5 months ago #117392 by flynn
flynn replied the topic: zonte metals
even though this stock is not raising. I do like we have been getting volume every day.

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7 years 5 months ago #117390 by JimB
JimB replied the topic: zonte metals
Thank you, Ron and ron,

Again, the B2Gold decision to sell would motivate them to get rid of this cloud from Zonte over the Gramalote site, one would think. Any potential buyers doing due diligence would learn about it.

Maybe Anglogold Ashanti would be the buyer. They would use it to get the price down. If one learned somehow that they were doing that, that could be publicized to the public as an admission that they see it is a real problem for the site.

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7 years 5 months ago #117389 by RonS
RonS replied the topic: zonte metals
ron , interesting, sounds like the basic legal response, just deny it

Reminds me of what a promoter told me once when caught between a rock and hard place

First - lie
then - deny
when found out - act surprised

lol

BTO half way, they just denied

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7 years 5 months ago #117388 by RonS
RonS replied the topic: zonte metals
Jim, I posted the news on a few sites, my Stockhouse login not working, but will get to it when resolved

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7 years 5 months ago #117387 by flynn
flynn replied the topic: zonte metals
"without merit" that sounds like a legal term for " we don't care"
u think they want out because of a messy long road ahead.

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7 years 5 months ago - 7 years 5 months ago #117386 by ron
ron replied the topic: zonte metals
i did also,here's the answer from Katie,

Hi,

As a shareholder of BTO,could you explain to me that news release ?
It’s the first time i hear about this company that i read in minning.com.

www.zontemetals.com/press-release/zonte-...pplication-colombia/

Thanks

Sir,

My apologies for the delay in responding, but I wanted to run this query by our Legal department.

We’ve had legal advice from the operator (AngloGold Ashanti) of our JV Gramalote project, and believe the contents of the article is without merit.

WRT(With Regard To) your other query, please refer to the following excerpts, which can be found in the attached News Release (our most recent one, re: our Q3 2016 Earnings):

“As a result, the Company has commenced a process to consider offers for the sale of the Gramalote Joint Venture development project in Colombia, along with a process to restructure its 51% interest in the joint operations in Nicaragua with Calibre Mining Corp.”

“The Company would like to confirm that it is progressing with the process to consider offers for the sale of its 49% interest in the Gramalote Joint Venture development project in Colombia and that it is not considering selling its Nicaraguan assets at this time.”

If you’ve any other queries please let me know.
Last Edit: 7 years 5 months ago by ron.

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7 years 5 months ago #117383 by JimB
JimB replied the topic: zonte metals
Does someone care to tag team on this message I posted to B2Gold on Stockhouse, rating it and reinforcing that Zonte looks good?

www.stockhouse.com/companies/bullboard?s....bto&postid=25551567

Are there other active B2Gold boards where somethnig should be posted?

Someone could put a similar message on Ashanti Anglogold message boards. Drawing attention to this article on mining.com is a key thing, if no one has already put it on.

www.mining.com/canadas-zonte-sues-colomb...ld-permit-rejection/

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7 years 5 months ago #117380 by flynn
flynn replied the topic: zonte metals
I found a few analysts of both of there websites that are covering them. I just emailed Zontes news release to there contact info.

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7 years 5 months ago #117379 by JimB
JimB replied the topic: zonte metals
Noticed this on B2Gold's Stockhouse chatboard.

www.stockhouse.com/companies/bullboard/t...corp?postid=25545718

We can get on the chatboards of the B2Gold and Ashanti Anglogold and help the investors of those companies know about the cloud over Gramalote.

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7 years 5 months ago #117378 by ron
ron replied the topic: zonte metals
would be a good idea to call BTO-AU investors relation just to hear what they have to say,did anyone called ?

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7 years 5 months ago #117377 by JimB
JimB replied the topic: zonte metals
Flynn, The news release today included this.

"As press released on May 2, 2016, Zonte and a Colombian partner, (collectively Zonte or the Company) are proceeding with legal action against the Secretaria de Minas (Secretary of Mines) for the Department of Antioquia, Colombia for not titling an exploration application."

That is a government agency in a department of Colombia.

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