Zion Oil & Gas Inc (ZNOG): Trading on nasdaq proves nothing. Bernie...

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Re: WiseYoda post# 2658

Monday, 06/26/2017 11:36:58 AM

Monday, June 26, 2017 11:36:58 AM

Trading on nasdaq proves nothing. Bernie Madoff was a chair there, if I am not mistaken.

The reserve is not proven. It is very, very speculative. If real, it seems to belong to Genie energy, a very well connected entity. Is ZN anywhere in the picture?

A proven oil reserve of this magnitude would've been huge news in Israeli media. Yet, all references to it are very measured.

Here is one of the examples:

http://www.globes.co.il/en/article-how-seriously-should-we-take-the-golan-oil-find-1001072026

There are too many uncertainties with this IMO.

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