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(Smile) I’ve thought the same TAB
All waiting on news and facts. Time to leave emotion out of the formula and decipher the facts as they come out. Thinking out of the box, I anticipate a series of PR’s going forward after the next update. This is my thought and opinion shared by others on this board. One thing is for certain: the analysis findings and research will tell the story. In the meantime we already have some strong facts to cling to. Go Zion!
Many thanks tisdal
Thanks TAB. Great post info
Spot on tisdal.
Thanks Tisdal
One thing I have to work on daily as an individual is to never assume. I try to tell myself this daily. Most of the time in the past my assumptions have proven false. That’s why it’s important to justify and verify using known facts and try to leave emotion out of the equation.
I am really looking forward to the forthcoming analysis reports from ZN that will evaluate how much oil/gas has been found at MJ#1 and the plan going forward. We know two things: there is oil and there is gas.
Tisdal - regarding the change from 2.2M to 1.6M ....... what is your interpretation to date? I know others and myself were hoping to see the year end report less than 1M.
Always appreciate your posts on this board. Thanks.
Me too salamon - I have a feeling it’s going to be a good “good” well.
Thanks Salamon.
Salmon, How did you buy GOOXF? Charles Schwab says it’s not a valid symbol. I thought I’d put a few dollars in it but can’t buy. Do you have to go through a special broker?
http://www.givot.co.il/About.aspx?l=2
Some research on Givot Olam
Moses - hadn’t known the speed of drilling feet per day has increased based on current well diameter and looser strata. I think my Saturday timeline synopsis for TD’s was based on historical feet per day. I stand corrected and your post tells me final TD is not that far out. Thanks!
Looks encouraging to me Moses
Great post TAB
As I understand it, 333% is another way of saying 100%
Oil Eddy - agree. I’m so happy they aren’t working with a dry well.
Tisdal - great post!
Happy Saturday all.
Did some figuring and broke down “estimated” timelines for original and new TD’s:
Approximately 6.5 days left to drill to original TD of 4,575 meters or 15,000 feet.
13 days to drill new extra 500 meters.
Factoring in Shabbat, I estimate 21.5 days to reach new TD. This takes us to about January 28th to reach the new depth.
(This may not be spot on accurate due to rounding.)
Tisdal - well said and laid out.
Goodbrain (Smile). Agree
Good post TAB - thumbs up. Have a great weekend
Agree
This was not the news I was hoping for but to me it’s still good news.
I just read the press release two times and to me this is not bad but good. Essentially they are onto something big or they wouldn’t be drilling an extra 1,400 feet. They would stop at TD then concentrate on the 4 known zones of interest. Im no expert but that’s my humble opinion. I’m telling you - they are into something big but can’t say it yet. The Israeli Oil Commissioner visited the well site for the first time and was pleased with what he saw. He is an expert in his field and had to have been intrinsically briefed in my opinion.
We are all creatures of emotion and it’s hard to keep emotion out of the formula and stick only to the facts. I’m not selling and will buy more after an emotional sell off drives the price down. I don’t want to give the MM’s any of my shares because they must be loving this current scenario and will capitalize. I don’t see the really big players selling either.
Have a great weekend everyone. Be safe and stay healthy.
I find it interesting that with no news the market strategy is affected with certain segments. Sound research prior to MJ#1. Also, with no news, the really big investors are not going away. High pressure equipment ordered and in place, extended two year contract with Israel to drill, unexpected casing with a boot to make the well safer, drilling resumes after unexpected halt, 4 zones of interest that is known only to date, high gas pressure that is known, the size and location of the Levant Basin, TD getting close if not already accomplished, news update soon to come out, honesty for this company in their reporting, SEC compliant - looks to me like a lot of positive momentum folks.
Thanks Spike
Badbrain - thanks. Refreshing post and I think you need to change your name to Goodbrain. (Smile)
I know tychicus - impressive list - there is solace knowing this info.
I look at facts and dream. This can be done without emotion. I also know the geographical location. (Smile)
When news comes out they may announce oil with a yet-to-be-determined if its a commercial well. The real biggie news would be a freeze on the stock pending news.
In my view, knowing the size of the Levant Basin, it could be a mega well and could be one of the biggest ever discovered.
I’m not an oil person but there is one on this post who is knowledgeable because of his work in this industry. I so appreciate his postings (forget his name and apologize).
Looking forward to this week.
To all: Have a happy and prosperous new year.
Spike - I’m no expert and always learning but my read today was mm’s cashing in to hold on to year end profits that they are shackled to. There were others driving it down to to cover shorts.
I also had my hopes up for news by now but it didn’t happen today. I held onto my shares because I didn’t want mm’s to have them.
All the facts point to major news. I was also thinking that there are two days left in December for news. Albeit no news speaks loudly and reminds me of the song “Sound of Silence”. No news is not necessarily bad news and can be good news in itself. All are waiting.
Dreamer - agree. In my opinion this is mm’s that are trying to cover more shorts because they know their time is running out (this is my thought / opinion only - correct me if I’m wrong). Tisdal + others have reminded us of the facts as well as connecting the dots without emotion. Facts are facts. We must never assume.
TTab - stay healthy you and yours
Tisdal - thanks for info and Merry Christmas / Hanukkah from the very cold Windy City (we are visiting from south Florida). Brrrrrr
Captnstarstripe - thanks for sharing this information. I’m a supporter of Israel/ZN and was just thinking wouldn’t it be nice to get a Christmas email from Zion to shareholders on Monday as a precursor to the next press release. No mater how you look at this - it’s a win-win. I’m certain that others feel the same. Have a wonderful Christmas/Hanukkah time of year. Enjoy family and friends.
Captstarstripe - I have thought the same. They are sitting on a large find. Extrapolation and connecting the dots based on facts point to this.
This coming week will be really interesting as I and others see it while we wait on news. Emotion is not part of my assessment - just using current known facts as tisdal and others have outlined recently. Important that we stick to the facts and evaluate what is known. In my books all is pointing to a successful MJ#1 outcome.
May all of you have a wonderful Christmas/Hanukkah/holiday season.
Merry Christmas all. Shabbot Shalom. Go Zion!
Tisdal - me too
Green dolphin - good points and agree
TAB - agree