zonte metals

  • flynn
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3 years 9 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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3 years 9 months ago - 3 years 9 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: 3 years 9 months ago by ron.

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3 years 9 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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3 years 9 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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3 years 9 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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3 years 9 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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3 years 9 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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3 years 9 months ago #117376 by flynn
flynn replied the topic: zonte metals
I haven't seen a news release from Zonte that they are going to sue the government, Right?
there's only the mining.com article out.

That's get a news release out, that would make the rounds.

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3 years 9 months ago - 3 years 9 months ago #117375 by Pasta
Pasta replied the topic: zonte metals
In one way the representative from Ashanti was right in saying "these are just stories in the media"
He forgot to mention they were true stories.

his response probably gets him off any legal repercussions
Last Edit: 3 years 9 months ago by Pasta. Reason: corrected

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3 years 9 months ago #117374 by DearJohn
DearJohn replied the topic: zonte metals
Jim, good point and Holy crap!!

When I read this fell over and had to wipe myself. We may finally get some attention now

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3 years 9 months ago #117373 by JimB
JimB replied the topic: zonte metals
Yes, it seems to me as this gets more publicity, AngloGold and B2Gold will not like the cloud over their prime story of the Gramalote project in their arsenal for the promoting of their companies and their stock.

They may want to get rid of the cloud, maybe even before authorities in Columbia take action on it.

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3 years 9 months ago #117372 by flynn
flynn replied the topic: zonte metals
cant wait to read the alert. I'm pretty bored at work right now.

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