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Not really, it lowered the attacks on the company. If still on a major exchange, there would be bigger monies after it.
Look, I KNOW what happened last time. Still have many saying no oil when they know it was no commercial oil.
Zion was no longer a play to them once on the otc.
Serious question....
ZNOG is and OTC stock...fact.
Why did this author choose Zion Oil to write about? Why now?
I am sure with the market being what it is, there were more pressing articles to write. At least one would think so, unless......
Just a note here..
Lawsuits dismissed, all of them. 2018
What is next in the deck of cards Bruce?
And there we have it. The 'loud' noise is back. The article was not the same as the 2018 versions but the point is the same. Kill the stock.
Well Zion, y'all have your work cut out for you now. You no longer are operating on the back 40. As I have said, I want to stay on the OTC for this reason. Out of sight out of mind. This will bring loud noise and soon.
It will be September soon, last month of the 3rd quarter. The last year, the small noise was poking about. The big boys are now on the field.
I knew it was coming......
Mr. Dunn, cross your T's and dot the I's. Time is short.
Wow, what a day in the market!!!
I just saw.
For those whom hate Zion, the loss today was ok with me and was not surprising at all. What does get me is today, my large account made up 10X for the losses of Zion Oil.
TWM, UUP, SRS, YCS, EUO, SQQQ, FCG, SDS, DXD
They all went up!!!
Of course we know why it was said. Same MO as last time.
This is being done to bring doubt in the stock, its management, and its shareholders. Same as last time.
The noise grows louder.......desperation? Or just hate?
I think it is a little of both but that is my opinion.
Thus will linger +/- 10 cents until the results are known.
Not happy about it, but understand it.
I did.
Well today was ugly, I have a bit more powder if needed but not enough to make a difference. In for the long haul, many years. It will not break me buy any means but it would hurt to some extent.
The issue I have is yes the market was crap today. I knew that was coming and acted accordingly months ago. What bothers me is at 230pm or thereabouts, someone dumps 1.4 million shares, price drops to 18 cents and then the sells just kept coming. As someone pointed out, stop loses executed and I am ok with that I guess. There was no news to amount to anything.
I am trying to remember 2018 and things that happened at that time. Articles in major papers and such. It drove the price down and when the announcement came that MJ1 was not commercial, it cratered as to be expected.
We know that Zion employees can not buy nor sell shares at this time, so this was not internal or inside stuff.
My gut tells me that the anticipation is building and with Zion quiet, this can happen. It all started with that 1.4 million share dump. Hmmm
I am ok with it as I added a few at 17 cents. I consider that I good thing as I was ready to add at 19 cents so I got a 2 cent boost. I do not have the powder to do much more at this point, nor will I. I could but I won't.
Zion Oil has its issues and the lawyers are in charge so I will ride at this point.
Transparency is gone and has been since 2018. So in that regard, those that did what they did, for the reasons I know, won the battle. The war is still ongoing.
You knew what I meant as well...
I do not buy into the greater Israel anytime soon. If that were to come, it's all moot..
Come on at least be truthful,
MEGED Field
HELETZ Field
There is oil there.
I am working on it and you have been a big help.
Thank you
Yes, but I think the odds are against it at this point in time.
I think it would have already happened, but dropping to 19 cents doesn't help.
I agree with you. What I am trying to say is by learning more , I am understanding more about why things could be kept in house so to speak.
The p50 would at least give us an idea and stop some of the speculation.
Thank you sir.
You are welcome sir,
The biggest trick to is listen to who?
I am one who has been wrong and yet I have been right. (documented)
many post for other reasons.
Correction, it was Rw that I needed for the post referred.
Memory is not what it used to be.
Here are some of my discussions,
Archie's law
MDT - Modular formation dynamics tester
Understood Sir,
I have been here since 2007 so I get it. I am frustrated as all are. I documented what happened with MJ1, so I can understand that side of it. Yet, I am still vocal about getting the mushroom treatment. It is not a pleasant thing. When talking with folks I do not recommend investing in it anymore. Yet I am here still. I believe, yet I am cautious as well.
What has changed is me learning how the logging works and what information one looks for and what could be considered proprietary in nature. We are at that stage I believe and it at least gives me pause at this time.
I will post more later....
Fair enough, so let me ask you this.
As a stockholder, what proprietary information should you have access to?
My understanding is that some places are more secretive than others. It doest take away from your point, but some companies are far more strict with the info. I just learned this yesterday and it makes sense to me at least, including the location they are drilling in.
That being said, as KyOil pointed out, the p50 number we do not know and we should.
I am not the bad guy here, just trying to explain with what I learned, why things 'could' be the way they are.
I even heard of some blankets being held over screens so the data was keep under wraps from the working crew.
So KyOil, should we know the (Rw)? What is the water saturation values for the zones of interest?
We all want information, but we will not be privy to lots of things and for good reason.
Yet, zion says nothing. It doesn't make it right by any means, but it is plausible they have good reasons other than the threat of frivolous lawsuits.
Well I got into a discussion with an experienced oilfield person.
In short, with the wire logs they know pretty darn sure most of the items in the formula. There is but one unknown.
I cant remember it right now but I think it was DT. That is found by previous wells and seismic data. I asked about 3D and its benefits..and costs.
What I found interesting is the Magnetic Resonance Testing. I am not sure Zion doing this but it is supposedly the best.
It was a 2 hour conversation. Lots of experience onshore and off. The testing part.
After this, I am comfortable with Zion being hush hush. I would like to tell a detail of the French company Totale , yet I feel I should not. Suffice to say, they are STRICT on these matters for a reason. Governments have 'eyes'.
Nonetheless, some will say Zion is hiding info. I have a better understanding now, and it is not just geopolitical either. I understand why they are saying nothing. Proprietary is not good enough in this case.
I do think they have oil, heck I know they do as oil was there in MJ1. What we do not know is how much and more importantly how much can be recovered economically. This area is not the Eagle Ford or Permian.
My opinions only.
I can't say either way.....it is definitely a head scratcher.
I do not know it he was a Carl Icon type of guy.
I do not know.
Down we go, which means as it approaches 20 cents, I might just round out my shares to a nice even number...
not real worried, the more I think about the update, the more I am ok with it.
As some have said, Dunn said watch the official coms for what is going on.
Mr. Starr? Director, onboard. Experience.
I still give it very low odds that they will be selling, but that is my opinion.
There are soon to be elections in Israel.
This could change the picture there in regards to ESG. Here as well to be truthful.
Good Morning.
Zion Oil Stock was ZN, now it is ZNOG.
I am a stockholder.
I'm the old days I would tell my kids,
W....wa.....wa.....wah......
If but one thing, this update got some in a uproar..
Well done Dunn.
At least it is something,
Testing is ongoing, they must have heard us and threw a bone......
I am happy as I expected nothing till September, so there is that.
Just as likely a surprise, when least expected...
Its a 50/50 deal now, at least until end of 3Q......
Well that article has some merit, however, there are only 300 million shares left, authorized.
I was more worried about a 51% stake being a reality. The new 10q at least did not negate this as a possibility.
Still holding, not buying anymore i dont think. These times are odd, all rules of the past are moot. The stock market is going up? Is it the PPT doing it? Things just don't make sense anymore.
It's in His hands and I am ok with it. I am not happy about the silence but there are logical reasons. That doesnt mean it's legit but possible.
We will not hear anything for a while, more toward end of 3Q, end of September. In that time the share price will not go up or down very much. As we near that time the speculation will be rampant once again.
I wait.
Yes thank you KyOil, learned a lot from you and DBradles.
Down a penny today. I guess we bleed until a PR comes out that either allows us to know something or we get a bad one.
Either way, we will know nothing for months now. End of 3Q..
Sad but reality.
I apologize for the spelling below, in a hurry on a phone....
I will think about this more today.....I am not as mad as I was, but still disapointed.
Oh they get it, the choose not to reveal anything.
Yeah, I am disappointed that the 10Q had nothing of substance in it, other than the whale(s) still around which is a good thing.
I say I understand why zion oil says zilch , well in that way shorty won in some respect as the fiscal that was done to zion after mj1 has had its effects and here we are.
The If you knew why we do this, you would agree with us scenario gives me pause the more I think about it. Sound like a politician or the infamous "trust me dude
It is time for the board to address this reasoning, preferably from John Brown.
I am not selling my shares but am whole heartedly NOT buying any more for the time being.
Wokeism is loosing when it is confronted directly , the heed , trust is earned.
Edit one other note, dilution is not mear as bad as I had feared, so some good news.
Hmm, makes me feel a bit better, they know yet choose not to.
If 'we' knew, we would agree.
I need to ponder that.
Well I now reread the statement. I do not disagree with it but there was nothing in the report that said anything near this. My bad but I can see why.
This is just sad, shareholders are left hanging once again.
I can not say I am surprised. Disappointed yes.
I do need to read it, but I am so tired and probably will not make it, but I got the summary. (Wait)
I do need to understand the statement, that is odd but these days who knows.
Goodnight
Premium on eagles is nuts, maples as well.
Constitutional silver is hard to get with decent premiums.
I just liked this one from SD, and it's design and not giving a hoot about wokeness.
SD bullion,
10th anniversary.
A company that also doesn't mind be affiliated with the Christ.
Got it for spot.
Nice, Kennedys are my favorite.