Let me ask a question..... if you bought $1 Million worth of shares ...... at $0.06 per share
and then it went up to $0.12 per share.....
you sold at $0.12 per share....did you double your money?
Well maybe because it's true......
and they also know it
LOLOL...Scams love blaming "bashers" and "shorts"🤣
No one shorts a stock at 6¢ - the expense to set up the position would outweigh any potential profit that could be made.
As for "misinformation campaigns" go, how about all the times Zion Oil has claimed to have found oil?
It was not an insult ....it's a Noun / Definition
so if the shoe fits ...
ie.... Shorting is a strategy used when an investor anticipates that the price of a security will fall in the short term.
What Is a Stock Basher?
The term stock basher refers to a person who engages in market manipulation to make the price of an asset fall. Stock bashers rely on misinformation campaigns to decrease confidence in a stock, leading to an undervaluation of that security.
Porgie used to brag how ZN was a Gift because of the price fluxuations
I'm not the only one.....
just like you are not the only Shorter on this board
Take down important info because YOU are tired of it?
Totalling a gallon? Religious nut-job affinity scam fleecing investors.
Don't be silly. About six years ago when Zion Oil declared they found oil at MJ#1, the stock rose to a high of $6 a share. It is now below 6 cents a share, and nothing has changed. Why the decline? If you have a better explanation for the 99% decline in stock price, I'd like to hear it.
They have found oil on numerous times.....however the porosity of the surrounding strata will not allow the oil to flow in production levels.
If the new Fracking Technology is ever allowed by the Israeli Oil Minister - Israel will have approx. the same amount of Oil that Saudi Arabia has.
I attempted to post this information but it was taken down several times
Zion Oil is a company that has claimed numerous times over the years to have found oil, yet has never actually found oil.
Now here would be an interesting statistic:
How many times has Zion reported finding oil over the years?
A post with a good answer to that question, just might replace the currently pinned post...
Well it is my opinion that the Pinned Post has fermented way too long on this Board and should be taken down.
It was a message that was in response to another post which inferred that Zion Oil's failure to find oil was the fault of other parties.
"The parties that want to see Zion Oil fail are still around, the names change but the message does not."
Zion Oil's failure to find oil rests with no one but Zion Oil.
<< So [a moderator] is allowed to 'PIN" [their] post for How long now ???? >>
A pinned post will stay up as long as the person is a mod (or until they remove it or replace it with another post).
Most anyone can apply to be a mod and then pin a post that they feel is important.
<< I "THOUGHT" Moderators were "SUPPOSED" to be "UNBIASED" in their actions ? >>
Yes, when marking posts for removal. But they are still allowed to have their own opinions.
So Porgy is allowed to 'PIN" his post for How long now ????
And Porgy is a Moderator ??? Oh great ....
I guess I always saw it and just ignored it, but to a new buyer or someone doing research and there is the first post.
What does that say ?
I would say that we have seen this PINNED POST for far too long and that it should be taken down.
And I "THOUGHT" Moderators were "SUPPOSED" to be "UNBIASED" in their actions ?
Am I incorrect on this ?
It is a pinned post. Each mod is allowed to pin one post.
How and Why is this Post still topping this Message Board.
August of 2019 ? Puullllease.
No one skeptical of ZN's business plan has Porgie Tirebiter 08/24/19 6:01 PM Post# 33166 of 53656
What particular significance does it hold ??? It only has 2 thumbs up and yet it has been up for more than 4 years ??
Or is it reposted without updated date ???
Can somebody please explain this to me ???
Yep, still here. Been keeping myself behind the scenes, tired of all the negativity from certain individuals. However, I have been still purchasing shares when the price would hit the lows. Heading into the 200,000 shares amount. I will either ride this until it hits the lows of 0 or sell when it hits well above $10. Either way, Israel will get 10% of the amount I sell at.
Bruce....how old are you ???
Glad you’re still here.
Loaded up to my old levels!!
Been patient for years and I am okay with that. I am on G-Ds timeline.
Rock on Reverend !!!! Same here !!!!
More than I can count. That being said, I've seen a lot of shorters and day traders enjoying dragging the stock down. Myself, I am purchasing more and more at these prices.
Do you know how many times that statement has been made....about going down to $0.01 ?
That 10-Q that came out on Nov. 9th states it all folks.
ZNOG was living on borrowed time financially and the war just made it worse.
Just over $500k cash in the bank. It appears they reduced their expenses by ($89k) a month. But they are still spending $688k a month on average.
That is over $8m dollars a year for a drilling rig collecting dust, no revenue, a lease agreement allowing ZNOG to drill and a war that prevents them from drilling. Hopefully, a rocket doesn't take out the drilling rig. The insurance policy probably has a war exclusion.
I would expect to see this stock slowly bleed out down to $.01 unless somebody invests to save ZNOG and quickly. They can only dilute it so much.
Read the SEC filing and come to your own conclusion.
Ages of "the seventeen". 11 of the 17 are over 65. Rob Dunn is the youngest.
John M. Brown: 82
Javier A. Mazón: 81
John T. Seery: 77
William H. (Bill) Avery: 74
Martin van Brauman: 74
Dr. Lee Russell: 74
Gene Scammahorn: 73
Dr. Amotz Agnon: 69
Paul Oroian: 68
Kent S. Siegel: 66
Jeffrey Moskowitz: 65
Sarah Caygill: 61
Brad Dacus: 60
Virginia Prodan: 57
Pandji Christiaan Poluan Putra: 52
Michael Croswell: 51
Robert Dunn: 48
Hamas screwed up big time. However, I am padding my shares and getting close to my 200,000 shares goal.
I'm surprised no one noticed the video of the explosions on the horizon shown in the background on Kudlow;s program a few days go. Shown in the background while he talked about the war, was about a 5 sec clip of fires on the horizon with an oil rig in the foreground. The rig was red/white. The rig was closest to the camera (that would be South-most if the camera was pointed North). Behind the rig was a fairly large completely red boom, perhaps an oil field boom truck; it looked a little too big for a wireline truck, and too small for a crane.
They were working at the site (as evidenced by the boom truck on site, no matter whose rig that was), If the boom was a wireline at the Zion Oil website, where it was located indicates they could they be plugging MJ#2.
5.7 cents a share would be a good play. Even if the video was someone else with a red/white derrick with a red boom truck working behind it, you are still going to get a "we have temporarily plugged MJ#2" and a "we have moved the drilling rig over the MJ#1 drilling" soon. The stockholders will be ecstatic.
i can't be the only one here that watches Kudlow?
I think they are going to come out with an update next week showing the work platform over the MJ#1 drilling. They will need to do a little cleanup before the photo shoot. The stockholders will think it's the second coming. I might buy some at this level, expecting a 30 to 40% pop in the price within two weeks.
Can someone at Zion Oil clean up your Facebook page postings, some really gross photos (some kind of SPAM) has been posted, they need to be deleted, even I can't stomach them. An obvious college kid prank against what they think is an Israeli company, I suspect.
Unfortunately, the truth pill is hard to swallow. It's just easier for some to continue to live in their made-up worlds rather than live in reality.
I respect your opinion, Bruce.
Bruce....ever notice how nobody responds to your posts.
that's because nobody reads them except for me and Freedom
but that's ok.... you keep posting and we will keep ignoring
but one day you will get the message.
And i think I will stop responding to you as well.....
have a great day
You know, I keep saying, there is such a thing as OSINT, and it's free, and anyone can search and find things. Not sure why no one bothers.
What do you think of a President, then later CEO (he held both positions) that drilled for oil at MJ#1, then declared they found oil at MJ#1, then collected money to run a 3D test from stockholders, then declared the results good.... after which he resigns. Where did he go, you might ask. Must have been a good job to leave while heading an exploration company that just discovered oil! How about on the Board of Directors of a Home/Auto/Life insurance company??? I won't mention his name because his Linkedin Resume indicates he's probably of good moral character, but being the CEO, and leaving a company that is actively drilling for and declared they found oil... for a position on the Board of Directors, of a Texan life insurance company?
I have to be lying, right? So, the last two CEOs at Zion Oil resigned, one to become the President of a green energy company, the other joins the Board of an insurance company.
A couple of things you can search: for Victor, it's Germania Insurance, for Dustin, it's Sammons Enterprises, Inc. Don't you just love LINKEDIN and their Resume Search and Browsing system?
Anyone wondering about upper management dedication "to the cause" should look up Dustin Guinn, former President and CEO of Zion Oil, on Linkedin.
Look what company he honors (and what company he does not even mention) in his Resume Abstract, then look at his current job. Can you believe WIND FARMS? What a hoot!
I hope so goldbug7!
It is not likely that Israel has enough land area to be a large oil producer from "conventional fossil fields" (with current borders). Continuous flow from the deep would be a means to have a large reservoir.
One theory that supports this possibility is abiotic oil production. There are many articles, here is one https://www.forbes.com/2008/11/13/abiotic-oil-supply-energenius08-biz-cz_rl_1113abiotic.html?sh=6670f3b13f9e
Some elements of the Russian oil industry tend to recognize this theory. Therefore, they might be an early nation to appreciate the value of such a find if it was proven with production.
If you’re correct that we may have a relatively small reservoir, then it will be my opinion that the reservoir will be very very deep. How deep you ask? Like a river that never runs dry!
You might be right about 1 million barrels initially.
My guess is 20 million.
Using $10 market cap per barrel rule-of-thumb, and ZNOG's current cap of $38M, suggest the market expects the initial reservoir is in the 3.8 million barrel range.
As you stated, the most important thing at this point is to begin pumping oil so as to enter the next phase. You and others are also right about it does not seem like the right time for operations in Israel, so we have to wait while the bigger picture plays out.