zonte metals

looking back a year ago the volume was poor for roughly 20,000 shares traded per day. fast forward to today and there is roughly 150,000 traded today on average.

higher volume, new properties,
plus the sell off, along with tax loss season, this one is going to go up once again.

I think it has been a good time to buy for the last several weeks

The next 2 weeks may be the time to Buy.

Here is market depth, about 350,000 bidding and very little offered for sale

jdate639 wrote: Funny!

The price of the stock right now ~ $0.12-$0.13 is at the same price it was in December of last year despite the fact gold was discovered this year.

most of the quality junior resource stocks remain in the bargain bin. In my experience, the best time to buy a junior resource stock is when you feel terrible doing so

www.kitco.com/commentaries/2017-12-01/Th...t-in-the-Market.html

Funny!

The price of the stock right now ~ $0.12-$0.13 is at the same price it was in December of last year despite the fact gold was discovered this year.

Same song, new dance. Every year we see tax loss selling this time of year in stocks already down and it knocks them down further, so different stocks each year but same dance.

As Lynnsa said they are all different because we don't know how many shareholders will take a tax loss or how many shares they have. A lot of them buy back in the New Year. I added to my position with some of my QMC profits and will add more on any dips.

Next year I will be taking some profits in ZON to buy some different cheap stock.

Keep your head up folks, it won't last much longer before tax loss sellers are buying XMAS gifts with their funds and those that did not buy down here will wish they had.

lynnsa10 wrote: Nobody knows how far a stock will drop or high it will go. I buy several times on the way down and sell several times on the way up. Sometimes I get very close to the tops and bottoms, other times not.

Discipline of a trading strategy probably works better than what stocks you pick. Lady luck sometimes helps to!!!!!

Most years we see the bottom in the Gold miners in December and they all don't bottom the same day, but this is the time to be a buyer

well said lynnsa10.

Nobody knows how far a stock will drop or high it will go. I buy several times on the way down and sell several times on the way up. Sometimes I get very close to the tops and bottoms, other times not.

Discipline of a trading strategy probably works better than what stocks you pick. Lady luck sometimes helps to!!!!!

Most years we see the bottom in the Gold miners in December and they all don't bottom the same day, but this is the time to be a buyer

Terry said for the drill in the Newfoundland Wings property, they are well funded. Read the press release. They also are well funded for the magnetic survey on the new property. There is no real cost associated with Colombia.

For the next 3-4 months, they wouldnt need to raise anything. For work starting in Yukon again, yes, maybe. But if the Columbia thing can be settled for even a fraction of what is owned Zonte, they wont be any need for fundraising.

the TSX has been down and most stocks in it. This is just a bad week. If you have faith in Zonte, this is the time to buy.

Be greedy when others are being stingy.

My view is i think no one is buying even insiders cause it will get cheaper. Like u said 3 properties. That are going yo need money to start or keep going the drill programs. Raising funds is next. They have to. If you want to buy, why buy now. I have wanr to biy since that first day of the sell off. Not going to do it now, cause it has gotten lower. Dont catch a fallen knife, wait till it has landed then pick it up.

The fundamentals of the company have not changed at all.

The company is not bleeding money.

The company had no debt.

The company has 4 properties that it can exact gold/copper from.

Zonte is currently worth $5.6M with a $0.13/share price. So each property is being valued at $1.4M (if they are all valued the same) Even after they discovered gold at the Two Four target.

I think it is fair to say that the value you are getting from Zonte is a lot.