zonte metals

Just look at AngloGold's latest qtr report. The bold highlight is mine he he!!!

From Anglo:
Colombia update. The work in Colombia, including the Pre-Feasibility Study for La Colosa, is progressing under a reduced spend
programme while maintaining long-term optionality within the country. The most significant milestone achieved during the quarter was
the issue of the Gramalote EIA and subsequent operating permit (PTO) which means that the project is fully licensed to build and
operate.

Flynn, good point - but I think we are many months away from any conclusion here. First ZON has to solidify the claims, and probably has to go to Court 2 or 3 times, as I imagine delay tactics will come from the other side - then pressure can be mounted on B2Gold and Anglo, that is when it will get very interesting.

The question for the stock is when will the market start speculating on this??

momentum is on its side right now, but been hear long enough to remember many many times that it only takes a few shares to put this right back down.
if this court case goes the other way, no one will want to buy any shares, all the eggs are in one basket.

Took very little to move the stock, up 2 cents with just 44,000 shares of buying, less than $4,000. A couple deep pockets would gobble this up to 20 cents

Gambler, I think you are probably right. I was thinking of buying a bit more next week with some of the profits I have made else where.

Sell some that have popped up to buy those that have not is maybe a good strategy.

The speculative money is coming back into the miners, it is just a matter of time for ZONs turn, most of these others have doubled and tripled in a week or 2.

Probably once it starts to move all those watching and trying to buy with low bids will pile in

would be nice if zonte joined the nice rally we are having in the metal market (cde)
I believe no one knows about this company. there's no sellers or buyers.
I would hate to see if everyone holding this as long as I have decided to pack it in.

Stock is up on little volume. Would not surprise me if it moves up ahead of the hearing. At 8 cents the market cap is a measily $2 million and they could end up with part of a multi-million ounce deposit.

Probably way better odds than drilling for gold.

if the claim gets denied again or not, would be nice if the media hears about this.
or at least B2Gold acknowledges this situation

When I listened to B2Gold's last earnings conference call, near they end they said because Gramalote was their only project they held a minority interest in, they wanted to sell it.

Any company that does their due diligence on this will see Zonte's claim dispute. I imagine this will make it tougher for B2Gold to sell it. Maybe they should just make a deal and sell 29% of their 49% to Anglo and give ZON 20% carried interest to settle the problem.

At least I think that is a good idea

Sounds like the next few weeks could get interesting. Been making some good profits elsewhere. Thinking I might double down on the ZON before it goes higher.

Yes, I would see good news

After the April 28th meeting Zonte can finally proceed with court action. This will put a lot more pressure on the Mining department.
Also, the department that over sees government bodies will also be at this meeting and they are the ones that suspended the previous mining secretary.

This dispute is going to see a much higher profile
of attention and I think the stock could move at any time.

I expect the mining secretary will deny the claims again at this next meeting but cave in before a court appearance. However you never know, maybe Zonte will get the claims on the 28th.