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Re: IRisky post# 27726

Saturday, 08/25/2018 9:23:00 AM

Saturday, August 25, 2018 9:23:00 AM

Post# of 54051
The point is MJ#1 is a success.

Without the expectations to move it to production, the stock would be sitting much higher, the units offering would be set at a higher price generating more income, the company would be perceived stronger and more successful, and expectations would be more realistic.

MJ#1 is extremely successful, but none of that matters because of unrealistic expectations to move it to production. That expectation is what is holding it down and allowing the short position to cover at these prices.

The reality is Zion Oil and Gas has never been in a more promising position, but the overriding unrealistic expectations to move an exploratory well to production is holding it back.

In the world of E&P, MJ#1 is remarkable.

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