Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

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Performance 2009 to 2023 (compound annual)

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6 years 7 months ago #118670 by Hoss
Hoss replied the topic: zonte metals
Wow!! bids did not last, looks like a 10 cent PP holder out of RBC bailed and hit most bids. A lot of people picked up a bargain today.

RBC guy will be sorry IMHO

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6 years 7 months ago #118664 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Yes, I agree, almost 240,000 on the bid now
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6 years 7 months ago #118663 by Hoss
Hoss replied the topic: zonte metals
Looks like we soon take another run at .35 resistance

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6 years 7 months ago #118661 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Bids are looking good this morning

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6 years 7 months ago #118660 by Gambler
Gambler replied the topic: zonte metals
Why takeovers are back in Canada’s mining sector
www.theglobeandmail.com/report-on-busine...tor/article35886331/

“There’s been very little courage in the sector … some of the biggest mining companies lost the premium valuations they enjoyed because of their diminished growth prospects,” Mr. O’Dea said. Over the past year, several mid-tier miners staged successful takeovers, and Oxygen’s CEO said: “It’s now okay to do M&A.”

Statistics support Mr. O’Dea’s view that deal-making is picking up in the mining sector, and that small companies are once again targets. There were 123 M&A deals announced by Canadian base-metal miners in the first three months of 2017, a 66-per-cent year-over-year increase, according to data compiled by investment bank Crosbie & Co. Precious-metal companies announced 93 transactions, an 82-per-cent jump from the previous year. The pace of activity stayed at roughly the same level in the second quarter this year.

While the number of mining deals picked up, Crosbie managing director Ian Macdonell said the value of transactions in the sector remains “modest” at approximately $2.5-billion a quarter; or an average transaction size of around $100-million. By comparison, $14-billion of M&A activity reshaped Canada’s energy sector in the second quarter of 2017.

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6 years 7 months ago #118657 by flynn
flynn replied the topic: zonte metals
Forsure. Cant wait till he takes a vaca

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6 years 7 months ago #118656 by ron
ron replied the topic: zonte metals

flynn wrote: Only if we get news


could be on speculation,specially if anonymous is over with the selling.

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6 years 7 months ago #118655 by flynn
flynn replied the topic: zonte metals
Only if we get news

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6 years 7 months ago #118654 by ron
ron replied the topic: zonte metals

Gambler wrote: Friday afternoon in the summer, looks like it will be a low volume day


are we going over $0.40 this week,could be.

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6 years 7 months ago #118650 by Gambler
Gambler replied the topic: zonte metals
Friday afternoon in the summer, looks like it will be a low volume day

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6 years 7 months ago #118648 by Hoss
Hoss replied the topic: zonte metals
Short position reported edged up a little at July 31 to 51,500

Pretty small but maybe that was those market makers wee seen scrambling on Wednesday?

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6 years 7 months ago #118639 by ron
ron replied the topic: zonte metals

GoldnBoy wrote: Here is market depth, Friday probably be a quiet day. Some stock around 35 and may take a bit of chewing here to break thru, resistance as Hoss showed in his charts


No buyers.

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