zonte metals

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3 years 8 months ago #117474 by WealthyPlumber
WealthyPlumber replied the topic: zonte metals
Yup, I think I have been in that long too, but believe our patience will be rewarded. Stock seems to have come to life with this finance news. I think the story is getting attention and I expect more once Christopher does the rounds in Vancouver
2017-01-18 11:00 ET - News Release


Mr. Terry Christopher reports

ZONTE METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Zonte Metals Inc. plans to raise up to $1.1-million through a non-brokered private placement that will include the issue of up to 11 million units (at a price of 10 cents per unit), subject to TSX Venture Exchange approval. Each unit will consist of one common share and one-half of one share purchase warrant, with each whole warrant entitling the holder to acquire one additional common share at a price of 18 cents for a period of 18 months from the date of issuance.

Eligible finders will be entitled to finders' fees in connection with securities sold pursuant to the offering of: (i) cash in an amount equal to 7 per cent

Just 7% shows either high demand, confidence or both, most juniors do 8 to 10%

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3 years 8 months ago #117471 by flynn
flynn replied the topic: zonte metals
nice action today. 13 cents is the highest its been in a long long time. maybe people cant wait, just happy to get out.
long haul for me. 5 years and still waiting

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3 years 8 months ago #117470 by flynn
flynn replied the topic: zonte metals
good timing with "needing to raise funds"
lets get some money in the bank and do some digging. With Jest and this new stock options
maybe to work will be getting done. Wings and Columbia are just idling. With this new stock options brings us to 36 million shares, still low. But who knows.

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3 years 8 months ago #117469 by DearJohn
DearJohn replied the topic: zonte metals
This Jest project looks very good. I would be surprised if ZON does not make a discovery here in 2017 and then bring on a Colombia settlement to fund it to feasibility.

Nothing wrong with wishful thinking No??

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3 years 8 months ago #117462 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Always good to see Insider buying. I believe he owns a very substantial position, not sure exactly but well North of a million shares, maybe over 2 by now??

I wonder who sold that stock, maybe kicking themselves now!!

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3 years 8 months ago #117461 by Pasta
Pasta replied the topic: zonte metals
Jan 17/17 Jan 13/17 Christopher, Kevin Terry Direct Ownership Common Shares 10 - Acquisition in the public market 11,000 $0.085

I guess Terry had $935 bucks burning a hole in his pocket.

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3 years 8 months ago #117459 by RonS
RonS replied the topic: zonte metals
Hi Flynn, not much exploration happens up there in the winter. Zonte will probably gear up for exploration in the spring and between now and then raise some funds. I will post up a link to the presentation here later or by tomorrow

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3 years 8 months ago #117458 by flynn
flynn replied the topic: zonte metals
its nice to see a pop in stock price. cant wait to hear any plans they have for this Jest

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3 years 8 months ago #117457 by kalen9999
kalen9999 replied the topic: zonte metals
A few people must have liked it by the pop in the price.

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3 years 8 months ago #117456 by flynn
flynn replied the topic: zonte metals
that was a great little summary of zonte today, but no mention of the next step for jest.
a drilling program, raising money etc.

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3 years 8 months ago #117454 by ron
ron replied the topic: zonte metals
won't sell this stock until it gets to $1,it's taking longer with the colombian government,but the reward will be big,i hope,but we can't never be sure.

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3 years 8 months ago #117453 by GoldnBoy
GoldnBoy replied the topic: zonte metals
This stock should be double the current price at minimum. There McConnell project is a better target than Victoria Gold. A ruling out of Colombia could come at any time that would add $10s of millions or even $100s to the valuation.

If the world fell apart, maybe downside to 5 or 6 cents. One of the best risk reward plays I have seen in a long time. Plan to takes some profits in something and buy some more of this puppy

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