zonte metals

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5 days 6 hours ago #126561 by ron
ron replied the topic: zonte metals
Right on the button Goldman,keep posting,and why not a 15 or 20 bagger,lets be more optimistic !!!!!

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6 days 19 hours ago #126559 by Goldman
Goldman replied the topic: zonte metals
Excellent posts lately .

The May 4th B2Gold Press Release was very good for Zonte Metals .

B2Gold , the Gramalote Joint Venture General Partner , acknowledged that Gramalote has land title problems .

I feel confident that the numbers in the final feasibility study will have more grams per ton , more tons , a higher gold price per ounce , a much higher project value and an increased Net Present Value with a move forward decision .

The 2021 JV Budget was increased from $ 52 million to $86 million , with some allocation for " Advancing the purchase of key properties required for project development "

This has improved the odds that a reasonable portion will be to obtain the important , strategically located Zonte claims .

Any shares purchased in the current price range should yield lucrative future rates of returns . The current market valuation is about , only Cdn $12 million .

In my opinion , each of Cross Hills , Columbia and McConnell Jest are worth at least Cdn $12 million . Newlfoundland mining stocks are hot ! Victoria Gold will increase production this year and stated that before the end of 2021 , they will have a 43-101 report for the Raven and Nugget area situated less than a km from Zonte's property .

Soon , Zonte could trade in the 20's , then 30's and then the 40's . Shortly after , then the stock price should gap up !!!


Remember , all those stock forecasts at $1 and $ 2 or higher .

Zonte Metals deserves a 5 or 10 bagger !!!

Go Zonte Go !!!

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1 week 1 day ago #126558 by ron
ron replied the topic: zonte metals
For newcomers,it's a good entry point at $0.19,could be the reason why RonS has a strong buy on the stock,"buy low and sell high" they say,once they announce the exploration program,the ask at $0.19 will be eaten right away.

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1 week 2 days ago #126557 by Pasta
Pasta replied the topic: zonte metals
Unfortunately Flynn is right. I see no interest even at 18-19 cents. The nature of explorers. Most likely the only way this will move is if they are working constantly will drill results that produce amazing results.
Maybe this will happen in the Yukon this year but I don't expect anything until late summer or fall. Until then its dead money.
You cant sell at a good price and anyone can buy, but no one is.
There is no reason to buy at this time, you will only waiting for an unknown outcome.

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1 week 2 days ago #126556 by flynn
flynn replied the topic: zonte metals
let me take a stab at the depth.

It tells me, not to buy. No interest. Will be the same price this time next week.
See you in a week, to see if I read the Tea leafs correctly.

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1 week 2 days ago #126555 by GoldnBoy
GoldnBoy replied the topic: zonte metals
After 19 cents could easily go to .25

Attachments:

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1 week 2 days ago #126554 by ron
ron replied the topic: zonte metals
What does the depth tells us GoldnBoy,thanks ?

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1 week 3 days ago #126551 by GoldnBoy
GoldnBoy replied the topic: zonte metals
JimB, I think part of the reason is like RonS noted, not much love in the mining sector now, but Gold just hit new highs today, levels we last saw in February. I believe in the summer rally

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1 week 3 days ago #126548 by lynnsa10
lynnsa10 replied the topic: zonte metals
I have been picking up some more at $0.175

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1 week 3 days ago - 1 week 3 days ago #126547 by JimB
JimB replied the topic: zonte metals
Talking about the very interesting wording of B2Gold is not even to mention going back to Yukon to drill next to Victoria's mine and their excitement at drill results next to Zonte's, with Zonte's claim probably significantly better. Then still having two other great properties.

I think this $12 million company cannot stay at that Market Cap for long.
Last Edit: 1 week 3 days ago by JimB.

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1 week 4 days ago - 1 week 4 days ago #126546 by JimB
JimB replied the topic: zonte metals
Where is everybody? I would think we all would be buying on this good prospect. The ask is not bad at $.19. I think all the volume today in both ZON 10,000 and EREPF 7,000, is mine. As the awareness to this seeming revelation in Gramalote grows the stock will probably not be so cheap. Market cap at $.19 is still only $12 million CND, fully diluted !
Last Edit: 1 week 4 days ago by JimB.

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1 week 4 days ago #126545 by lynnsa10
lynnsa10 replied the topic: TD Comments on Gramalote Today
From RonS today, got OK to post


BTO's production growth has tapered off until they bring Gramalote into production. Their presentation predicts that will start Gramalote in 2024. I like the stock for the dividend yield and the stock chart. It will respond well to rising gold prices as well.

For Zonte shareholders and myself, I was really looking forward to the Gramalote Final Feasibility to see how they would handle and disclose the Zonte claim issue in the feasibility. This is better, for the 3rd time now, B2Gold has rescheduled the completion of the feasibility. Obvious they are stalling/avoiding an issue. This is the key paragraph about the Gramalote in their Q1 2021 report. Bold highlighting is mine.


The Gramalote Project partners are currently reviewing a revised feasibility study budget totalling $86 million which would allow the final feasibility study to be completed by the end of the first quarter of 2022 and incorporate the identified optimization potential and a decision is expected to be announced shortly. The completion date of March 2022 is also expected to accommodate the additional Government six-month consultation and approval period that is required to get approval for concurrent resettlement. This represents an increase of $34 million (Company's share $17 million) over the initial announced 2021 Gramalote Project budget of $52 million. In conjunction with this, B2Gold expects that changes in design that modify the approved Environmental and Social Impact Assessment (ESIA) will potentially include minor and major permit amendments impacting the development timeline of the Gramalote Project, delaying delivery of a final feasibility study for the Gramalote Project until the end of the first quarter of 2022. B2Gold is proposing to the Gramalote Project that optimization efforts should include continuing exploration drilling at the Gramalote deposit with additional drilling and the Trinidad deposit and Monjas West zone, continuing to implement the Resettlement Action Plan, advancing the purchase of key properties required for project development, entering into a development agreement with a power company to commence studies to bring power to the Gramalote mill site, continuing the process of formalization and removal of artisanal miners to outside of the industrial area, and completing environmental and social studies necessary to support any potential permit modifications that are identified as part of the optimization process.



The disputed claims that are in court procedure between Zonte and B2Gold/Anglo are definitely required for project development. While some Colombians own homes/properties that have to be bought, some also have mining claims (Zonte partners).

To date, I would say this is the most obvious statement that B2Gold has made that there is some kind of issue with 'key properties'.

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