zonte metals

All kinds of reasons for somebody to sell, just look what us poor PM investors have went through last few years

Probably some poor bastard had to sell to buy some groceries. Check this link out.

The Fed asked respondents how they would pay for a $400 emergency. The answer: 47 percent of respondents said that either they would cover the expense by borrowing or selling something, or they would not be able to come up with the $400 at all. Four hundred dollars! Who knew?

That is amazing for an economy near full employment if you believe that B.S.

Maybe some investor had to go to the dentist so had to sell ZON for a gold filling??

I am going to put this in the economy section, it is simply amazing, that most pretend they are living the dream but are in a nightmare

www.theatlantic.com/magazine/archive/201...secret-shame/476415/

DJ, good point

Somebody from TD whacked the stock today, by the time I seen it and was going to buy some it was back up again.

Don't know why anyone would sell this at 7 cents when things are getting closer on Gramlote?

I understand they have applied for a couple more applications in Columbia so will have some more properties.

Anyway the way I see it, just 26M shares out at 9 cents, it is still a shell. The vast majority of juniors have blown up in the last few years with 100M shares out or more

The fact the company lasted this long and did not dilute us shareholders is probably the main reason I hold on.

I know the compnay probably owes Christopher some back pay, but he has been working for zip last couple years

What's zontes plans if the judge rules against them? Is this the last step? Its not like a judge cant be bought. I just hope that all the eggs are not just in this basket. We would never be able to sell our shares if this doesn't go there way

Yup, as we expected, but at least they can move beyond the Secretary of Mines that was going no where, so maybe better days ahead

ZONTE METALS PREPARES TO PROCEED TO SPECIAL COURT REGARDING ITS GRAMALOTE TARGET APPLICATION

As announced in a press release dated April 12, 2016, Zonte Metals Inc. and a Colombian partner have worked through various steps required to proceed to special court to challenge the Secretaria de Minas, which has not titled an exploration application that was applied for back in July, 2013. Legal counsel for the partners is of the opinion the mining code has not been followed in this circumstance. The application covers open areas between titles on top of the Gramalote deposit, which is held by AngloGold Ashanti and B2Gold. Additional details on the application have been press released previously and can be observed on the company's website. On April 28, 2016, legal counsel completed the last step in the process to proceed to special court, referred to as a "conciliatory meeting" with the Secretaria de Minas. As expected, the Secretaria de Minas maintained its position in not issuing the title, and legal counsel is now in receipt of the necessary documentation to move forward. In anticipation of the above-noted response from the Secretaria de Minas, legal counsel has nearly completed all documentation for special court and will make submissions shortly. Once completed, Zonte will provide an update.

I've been s Struthers newsletter subscriber, but just discovered this Forum. Thanks, Flynn. I have held Zonte since May, 2011, adding over the next few months, then a little more last Dec.

It would be nice if more publicity of this would get out about this development that would attract the attention of enough speculators to move this stock up in a significant way.

too funny. my wish was heard we have news

Weird that an important day has come and gone, and there's no update. Can't be go news.
i guess no volume so, no one cares.

There must be someone that knows about the outcome of the court case. We are all expecting a denial again, why no news release.

anyone here has there fingers crossed?

I don't think these guys will sound a peep until they have to. Once more media is out there and shareholders start asking. I imagine some must have seen the Northern Miner peice?

The 8.5 financing done end of December is free trading now. My bet is some of this will come out around 10 cents, but would give some liquidity for buyers - something this stock could use.

Too many like me holding my hand tight to the chest LOL

would be nice if they just mentioned (zonte) or at least a problem with the permits.
I guess if u let the cat out of the bag, your never going to get it back in.