Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

Performance 2009 to 2023 (compound annual)

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  • jdate639
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6 years 5 months ago #119559 by jdate639
jdate639 replied the topic: zonte metals
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.

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6 years 5 months ago #119558 by jdate639
jdate639 replied the topic: zonte metals
At the end of the day, always remember that the market either over prices or under prices securities.

If you’ve done your research and the security you favour goes down in price, this should make you want to buy more. You are getting the company for a much better value that you ever could before.

The way I like to visualize it is that someone is offering me a $0.25/share company for $0.14/share right now. I’m getting a bargain.

The fact that you’re down in money will always affect you. That’s just human nature.

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6 years 5 months ago #119557 by jdate639
jdate639 replied the topic: zonte metals
To me it seems like the company has increased in value with the new land option but just the opposite effect is taking place.

This is really wired.

Maybe it’s jist the tax write off seasons that’s causing the drop in price. There is no insiders that are selling.

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6 years 5 months ago #119556 by Pasta
Pasta replied the topic: zonte metals
Im not sure what to make of this price drop. I figured it wouldn't do anything but was not expecting this much price drop. I also don't know anything about their new acquisition with Cross Hills copper ect.. I cant seem to find any info on it.
Anyone have any input ?
When will they receive their Drill permit for Newfoundland Wings property?
There seems a lot of things up in the air at this point.

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6 years 5 months ago #119555 by jdate639
jdate639 replied the topic: zonte metals
You might just get that kalen9999

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6 years 5 months ago #119552 by kalen9999
kalen9999 replied the topic: zonte metals
I'm waiting for it to get a little cheaper.

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6 years 5 months ago #119551 by jdate639
jdate639 replied the topic: zonte metals
What an amazing day! Couldn't be more happier as a buyer!

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6 years 5 months ago #119549 by GoldnBoy
GoldnBoy replied the topic: zonte metals
bought some more too. Tax loss season starts to wind up between Dec 10th and 15th so a couple weeks to pick up bargains like this one. I bought some STA and RCG too.

Many others on Rons list have seen good up moves so probably no tax loss selling. I think we also have investors chasing the latest hot thing, blockchain, Pot and lithium.

That QMC unreal?

But most probably buying high and later will cry

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6 years 5 months ago #119540 by jdate639
jdate639 replied the topic: zonte metals
Same, added some at $0.145 and $0.15

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6 years 5 months ago #119539 by davplan
davplan replied the topic: zonte metals
Added some at 14.5 cents today.

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6 years 5 months ago #119537 by Pasta
Pasta replied the topic: zonte metals
There is a lot of stock for sale at .15 cents.

I was wondering about newfoundland, Zonte received 3 permits to drill previously and was waiting for 1 last permit before starting a drill program. What is the holdup on this permit??
Does it usually take this long for permits to be issued? The other 3 seemed quick but not this one.
I don't see much going on before the new year anyways.

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6 years 5 months ago #119536 by ron
ron replied the topic: zonte metals

GoldnBoy wrote: Don't have to tell me, got another chunk today and will grab more if it goes lower


ZON moving average,

stockcharts.com/h-sc/ui?s=ZON.V&p=D&b=5&g=0&id=0

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