zonte metals

Looks like I picked up the only cheap shares today...12,000 at $0.18

flynn wrote: News letter update, on April 3, 2018

Zonte Metals TSXV:ZON OTC:EREPF Recent Price $0.23 Entry Price $0.15 Opinion – strong buy

If it was a strong buy at 23 recent, why wouldn't it be a stronger buy now a 17 cents.
anything happen in the last 3month

flynn,i guess RonS made you happy this week, Opinion – strong buy to $0.19

The chart looks very good for a buyer. There is a very strong base between 17 and 22 cents and we are at the
bottom of that base. Warrant pressure and the market correction have moved the stock down. I believe when
we break out of this base, the move to the upside will be very strong and difficult to buy. Now is the time to buy,
before drilling, news flow and better markets are upon us.

PerseusLtd wrote: I asked RonS about the Hold on Zone and i forward here his answer:

Hi Markus, if you recall, I mentioned in a previous article that there was 18 cent warrants on Zonte that expire end of July
and the stock would not go anywhere until after that date. That is the reason and I will probably update with a buy in late July

exactly, payment of the exercise price of $0.18 on or before July 31, 2018

Zonte Metals Closes Private Placement
Canada NewsWire

HALIFAX, Feb. 1, 2017

TSXV: ZON

HALIFAX, Feb. 1, 2017 /CNW/ - Zonte Metals Inc (TSXV: ZON) ("Zonte" or the "Company") has closed its previously announced non-brokered private placement offering of units (the "Offering"). The Company issued 13,500,000 units at a price of $0.10 per unit for gross proceeds of $1,350,000. Each Unit consists of one common share and one-half (½) of one share purchase warrant, with each whole warrant entitling the holder to acquire one additional common share upon payment of the exercise price of $0.18 on or before July 31, 2018. The Company intends to use the proceeds of the Offering for working capital purposes.

The Company will also issue 280,250 Finder Warrants and pay cash finders' fees aggregating $68,635 on the closing of the Offering. Each Finder Warrant entitles the holder to purchase one common share of the Company at an exercise price of $0.18 per share at any time prior to July 31, 2018.

The securities issued pursuant to the Offering (including the Units and Finder Warrants) are subject to a four-month and one day statutory hold period that will expire on June 1, 2017. Following the closing of the Offering, Zonte will have 40,124,426 shares issued and outstanding.

web.tmxmoney.com/article.php?newsid=6978...976896&qm_symbol=ZON

I dont see anything new in this presentation.

I could be wrong but have any of you noticed anything new in it compared to the Feb one?

Updated Presentation

zontemetals.com/uploads/2018/07/ZONTE-Co...ion-July-24-2018.pdf

Thanks for the info RonS. Hopefully, things will get settled soon. I am definitely optimistic on the Cross Hills project. When I spoke with Terry, he said there was a lot of industry interest in the Cross Hills project, hopefully, we see some of that interest translate into an investment in the company.

Does anyone have the market depth for today? Seems like all the 0.17-0.19 bids are cleared and only the 0.165 one remains

I expect we get some news on drilling after the current work program is done.

I wonder if this new CEO will have a different direction on Colombia and ZON

Barrick Gold’s (TSX, NYSE:ABX) president, Kelvin Dushnisky, is leaving the world's top miner of the precious metal to become South Africa’s AngloGold Ashanti (JSE:ANG) (NYSE:AU) new boss.

Dushnisky will take the helm at AngloGold in September, ending the search to replace Srinivasan Venkatakrishnan, who in April said he was leaving the world’s third-biggest gold miner by output to run India’s Vedanta.
"Dushnisky will replace Srinivasan Venkatakrishnan, who is leaving AngloGold Ashanti at the end of August to run India’s Vedanta."

“AngloGold Ashanti has a strong portfolio of assets and an exciting pipeline of organic growth opportunities,” Dushnisky said in a statement.

www.mining.com/barricks-dushnisky-quits-...&utm_campaign=digest

www.instagram.com/zontemetals/

RonS wrote: Thanks Alex, you are too kind. I do promise to try my best. Here is some good news, Anglo will want to press on in Colombia because they admit in public that Gold in South Africa is a sunset industry and they will move elsewhere. They now mine 13% of their gold from SA compared to 43% in 2007.

Output will continue to shrink as miners chase ever-deeper ore bodies while struggling to keep costs down, said AngloGold Ashanti Ltd. Chairman Sipho Pityana. That means the Johannesburg-based company has decisions to make about its future in the country.

Sipho Pityana
Photographer: Waldo Swiegers/Bloomberg

Gold Street Is Where South Africa’s Mining History Goes to Die

“Gold is a sunset industry,” Pityana said in an interview last week in Bloomberg’s Johannesburg office. “It doesn’t matter what you do, it doesn’t matter how you do it, you are not going to be able to change that.”

www.bloomberg.com/news/articles/2018-07-...f-south-african-gold

when are they going to start drillling ?

Thanks Alex, you are too kind. I do promise to try my best. Here is some good news, Anglo will want to press on in Colombia because they admit in public that Gold in South Africa is a sunset industry and they will move elsewhere. They now mine 13% of their gold from SA compared to 43% in 2007.

Output will continue to shrink as miners chase ever-deeper ore bodies while struggling to keep costs down, said AngloGold Ashanti Ltd. Chairman Sipho Pityana. That means the Johannesburg-based company has decisions to make about its future in the country.

Sipho Pityana
Photographer: Waldo Swiegers/Bloomberg

Gold Street Is Where South Africa’s Mining History Goes to Die

“Gold is a sunset industry,” Pityana said in an interview last week in Bloomberg’s Johannesburg office. “It doesn’t matter what you do, it doesn’t matter how you do it, you are not going to be able to change that.”

www.bloomberg.com/news/articles/2018-07-...f-south-african-gold

I must say it is one of his top stocks and most writers just spew positive BS, but if there is a negative factor we hear about it. Most newsletters are just paid to say buy, buy, buy. That is a huge difference and why I am a life timer.

Struther's tells it like it is, well as best as he knows. He admits mistakes and bad calls, but if you follow his averages, I would say - few if any beat him. I mean in reality, not BS promos.

That's exactly what I was thinking.

And remember even though copper prices have dropped a bit with the trade war scare, here's why cross Hill matters:

www.bloomberg.com/news/articles/2018-07-...lump-belies-shortage