Zion Oil & Gas Inc (ZNOG)

[Mr. W]

Can anyone clarify this for me? The last I heard, Zion oil only had a lease with Israel for the site until the 1st of November. Is this correct?

That’s one week from today.
Something in my gut is telling me that the way they are going to play this or are playing this is wait until the end of their offering in which they are collecting money, then drop the bad news on everybody.
They will have money in their coffers to continue to try to run their business if doing so. Otherwise, if they come out and say that they again have not found anything, the odds are that people won’t invest anymore and they wouldn’t have any money.

This is all just speculation, and one of the things that I have been considering that they could try to pull.

Someone just asked a minute ago what depth they are at. My opinion is that they are at total depth and have been there for sometime.

I’m really trying to stay positive here, but we have to weigh all possibilities, and since Zion oil is not communicating with us, I am leaning towards the negative at this point.

I pray that I am wrong though