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I'm still waiting on your claim that Zion Oil found 90 - 120 barrels of 'light oil' (the good stuff).
Zion Oil launched an immediate capital raise after this update was released.
Of course Zion couldn't say it was OIL, because it was a dud well. However using the term fluid was ambiguous enough to deceive the faithful out of more money.
This company is a fraud that has preyed on the most naïve for its entire existence.
From Webslinger: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166755838
<< Zion found the estimated flow rate of 90 to 120 barrels using third party petrophysical analysis >>
OK, I found the reference. It says that they found "FLUID" flowing at that rate. It wasn't pure oil.
Quote:
"the data confirms the well artificially flows at a rate of approximately 90-110 barrels of fluid per day in the zone between 16,415 and 16,500 ft. We are still swabbing completion fluid as of this writing and the results of the well are inconclusive at this point as to whether the well will establish natural flow and what the volumetric contribution of oil and water will be."
As a matter of fact, it says that there were only "minor amounts of oil" in the fluid:
Quote:
" Upon circulation of the acid out of the wellbore, minor amounts of oil were observed while taking small samples of the fluid being circulated out of the wellbore."
https://www.zionoil.com/updates/zion-oil-gas-confirms-active-petroleum-system-in-megiddo-jezreel-1-well-in-israel/
If they found 90 - 120 barrels of oil would they say fluid??? Of course not, they would say OIL.
Just Zion Oil playing wordgames to sucker in more cash by deception.
Zion Oil drills bank accounts. Not oil.
Not knowing 90 - 120 barrels of fluid is not light oil (good stuff) is funny.
Or maybe it's purposely misleading?
Hahahahahahahahahahahahahaha
Funny funny shit!
Sure...as soon as Zion Oil does. I'm now on their update schedule. Which is about every 10 weeks.
John Brown for Jail!!!!!
But Zion Oil is still under SEC investigation right? Or would you like to dispute that fact?
90 - 120 barrels of fluid is not 90 - 120 barrels 'light oil' (good stuff). You can look at the last 24 hrs. There are lies and there is truth. It's not hard to separate.
I'm in. December 1st. Happy to put up or shut up.
Guess FACTS don't really matter now do they?
Maybe Zion is selling 120 barrels of 'light oil' on the black market? Probably to China and Russia.
Talk is cheap....most is worthless.
Can you post a picture of what 'light oil'(the good stuff) looks like? How does that compare with the 'dark crude' in the reservoir of the Zion Oil drill site that was taken by satellite imagery?
Zion found 90-120 barrels of light oil?
Holy 'dice' Rollers are my favorite gambling team in Vegas.
Of course no sources cited for Zion Oil.
I've cited every one of my sources. Care to do the same? Big difference between "updates" and official filings with the SEC, or Ministry of Energy in Israel.
Proper risk management. The fool always askes how much can I make? The wise always ask how much can I lose?
I did. ZERO barrels of oil = $0. Thus why Zion values the unproved reserves at nothing.
Zion applied for their previous extension on April 29, 2021. Zion just squeaked in under the wire with an extension granted 30 days later in May. We will all know within 12 trading days whether or not this scam continues.
Use the volatility to make some money, or lose some. But this is your opportunity. The volatility is how you make money trading.
Zion values the unproved reserves at $39 million.
ZION OIL'S LICENSE EXPIRES DEC. 2, 2021. ZION HAS NOT APPLICED FOR A NEW LICENSE.
They can swing it. The monkey wrench was the Ministry of Energy. Thinking Zion Oil gambled and lost. We will know in 16 trading days.
Hard to raise money when you admit defeat? The next PR will be the pull out of Israel. How it's a warfare against Zion and a fundraising rallying cry!
It's not Zion....It's the environment. They are hostile. So let's raise some funds to combat.
Zion drills bank accounts...not oil.
Tell me what the reserves are then? Can you? Of course not. Lol
Hahahahahahahhahahahahah
An unverified picture of who knows what? Hahahahahahahahahahahahahahahahahahah
Holy shit.
Hahahahahahahahahahahahhahahahahhah
Society today. We are all so conditioned to be lied to, that when someone tells the truth, it's immediately discounted. You are either selling or being sold from the time you wake up until the time you go to bed. All day, every day! Products, Ideas, Stock picks, Crypto. It's endless. Most have already lost before they even start playing the game!
Truth is like poetry....and most people F'n HATE poetry.
Let's Go Zion Oil!!!!!
Are you talking about John 'my dog' Brown? Or lyin son of a bitch Rob Dunn?
We are all big boys here. Put it out on the line.
Stockmarket is a bloodsport with the smartest guys in finance. Always remember the game, who's playing and how to play correctly. Oh yeah....and you better have an edge. Preferably a really really really sharp one!
Smart! Lol.
Sorry I've been absent the last couple of days. Was too busy hoovering up cash. Bull's make money, Bear's make money, pig's get slaughtered. It's good to be a shapeshifter and never biased or married to a stock.
Bruce Lee said to "be water". I'd rather be a Hoover vacuum!
Zion's a call option that expires in 16 days. Tick tock!
11 MONTHS DRILLING ON A 5 MONTH DRILL PLAN. NO OIL!!!!!
NA NA NA NA...NA NA NA NA...HEY HEY HEY...GOODBYE. NA NA NA NA...NA NA NA NA...ZION OIL....GOODBYE!!!!!
Right...because everyone loves oil stocks with NO OIL! Hahahahahaha
Pumpndump pumpndump pumpndump. Repeat after me!!! Hahahahahaha
Massive dilution!!! 340 million shares. Boom!
Currently, the Company has no economically recoverable reserves
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