zonte metals

Ashanti / BTO. Wants out of this mine they want to sell it. They will not be able to sell it with this claim by zonte. It will have to be cleared up before any sale.
Do they ask Zonte if they want to buy it first?

I look at it as if you were selling an old house with required updates / regulations needed. You can't sell an house with an outdated electrical panel. You have to spend the money eventually befire selling the house.
In the sale of the mine there's no getting around it. They will have to pay the money before moving forward, otherwise sitting in a mine is dead money. Better to get something over sitting on dead money.
They could go the court route but it could end up costing more.
It is what it is.
It's the cost of doing business.
My prediction is they will settle on a price to pay Zonte, and it will be just a fraction of the total value of the gramalote mine.

ITs been 2 months since the columbia government halted work on the site. Did they tell the two parties to get together and see if they can settle this. I wonder if zonte and the anglo have been chatting about this. You would think at least a phone call or text. Maybe coffee?

all great questions

The way I see it, they would have to raise more $$ by end of September before another drill program this fall.

But they could also do more sampling, soil geo chem, IP surveys at less cost

Really depends on what future results bring

look at GGi that some follow here, it ran up on what geophysics showed up

just saying one never knows for sure

What if zon drilled 150M of 0.5 g/t and a geophysical survey showed they were on the edge of the target???

We are all hoping for a big hit, but realistically this is a huge property with many targets. It will take at least 2 more drill programs to give it the drill test it deserves

Hoss wrote: Pasta, good point, I only set a near term target, because nobody knows how high a stock can go longer term, so many variables.

Will drill results be good?
A new discovery in Yukon.?
New discovery in NFLD?
$20M or $200M settlement in Colombia, in a few months or years.?
How much dilution on future finances?

We can only reavaluate as things unfold but we have some good wind in the sails.

The junior market has come back to life, Canada is one of the best countries for juniors and ZON is in two of the hottest areas, NFLD and Yukon.

What if ZON got $100M from Colombia so there would be no share dilution and they made a multi-million ounce discovery in the Yukon and another at Wings??

In that case $10 would be a way too low target??????

That is not my target, I am looking for 45 and 60-75 cents as near targets and if we get there before drill results then I would be looking higher.

What if ZON got $100M from Colombia so there would be no share dilution

that would be great,but ZON may have to dilute a bit if
they want to drill in the fall,
the question,when will they commence the next
program,in 2018 ?
they can't drill during the winter in the yukon,right,
so if a settlement is done with gramalote before they have to do another private placement,
that would be the cherry on the cake,but i doubt it will occur,it could take much longer.

Pasta wrote: It's good to have such high expectations on this stock but realistically I'm not sure how you come up with these numbers.
If the drill results are awesome sure we may see a jump in the price maybe .60 cents to a dollar maybe more but to throw out numbers of over 2 dollars is a bit dreamy at this point.
It's possible to expect 5 -10 dollars but not at this point.
One step at a time and then re access
I'm hoping it will take off but I take it day by day

i agree,on a short term target it's not going to $5,
ain't dreaming,but on the long term and just like Hoss explained it,
it's possible,VIT has a market cap of 250 million,
if ZON finds the same amount of gold,
$5 x 50 million shares gives 250 million market cap,
and when that day comes,the dream will come through,..lol...

Pasta, good point, I only set a near term target, because nobody knows how high a stock can go longer term, so many variables.

Will drill results be good?
A new discovery in Yukon.?
New discovery in NFLD?
$20M or $200M settlement in Colombia, in a few months or years.?
How much dilution on future finances?

We can only reavaluate as things unfold but we have some good wind in the sails.

The junior market has come back to life, Canada is one of the best countries for juniors and ZON is in two of the hottest areas, NFLD and Yukon.

What if ZON got $100M from Colombia so there would be no share dilution and they made a multi-million ounce discovery in the Yukon and another at Wings??

In that case $10 would be a way too low target??????

That is not my target, I am looking for 45 and 60-75 cents as near targets and if we get there before drill results then I would be looking higher.

It's good to have such high expectations on this stock but realistically I'm not sure how you come up with these numbers.
If the drill results are awesome sure we may see a jump in the price maybe .60 cents to a dollar maybe more but to throw out numbers of over 2 dollars is a bit dreamy at this point.
It's possible to expect 5 -10 dollars but not at this point.
One step at a time and then re access
I'm hoping it will take off but I take it day by day

I thought my wish target of $2.50 was high. I hope your target is reached now.

flynn wrote: I believe u and Zonte, that's why I'm not selling one share until my share price goal is hit.

my target is $5,seriously,ZON reminds me of BCM,
bought in 2005 $0.75,sold in 2006 $7-$10,
bought back in 2008 $1.50,sold in 2010 $5-$8,
even went to $10,be patient and wait for your target,
holding 500k + of ZON,will it go over $0.35 this week ?

Weird, post at SI

www.siliconinvestor.com/readmsg.aspx?msgid=31228663

it's killing me that ZON continues to be at the top of the TMX trending company tickers and I don't know why. It's been eight days:

Message 31217560

Who is looking at this company so much that it "trends" but nobody is buying a single share today?

its got me a bit worry as well. I just hope when news breaks the volume will pick up, we need a investor show. there's so much hype here among us, that I think we don't see that this is under the radar.

with pending results coming soon , the volume is very poor. I figured a bit more volume at this point.