Zion Oil & Gas Inc (ZNOG)

[married50]

I am really beginning to think this whole venture will be a bust, in spite of all the overly optimistic posts on this board. It seems to me that with the drilling being finished, what 2-3 months ago, they would know something by now especially if the news was positive. They have to know more than they are reporting at this stage. I believe with all my heart that Zion is an honest, reputable Company but not coming out with something, even after yesterday's meeting, is cause for concern. Having personally communicated with John Brown in the past, I know he is a man of great faith and truly desires his company to be successful but I fear he may be presuming upon God's grace. I hear all the stuff about the pressure and temps, etc. but, from what I have also read, for every positive statement, there is a negative one. Now, it seems we may be looking at gas and not oil. I don't know what that means for investors but the way things are going is so reminiscent of the last time they drilled when so much optimism was flowing (no pun intended) only to let down investors by finally coming out with the truth that the well was dry. My gut tells me it's deja vous all over again which means many of us are once again going to be devastated.