Zion Oil & Gas Inc (ZNOG)

[DragonBear]

Your post makes me think you've never heard of Dad Joiner

And in reading his story, several things stand out

1. Joiner drilled a total of 3 wells, the first 2 dry holes, in a space of 3 yrs. ZNOG has drilled how many dry holes now? And the time span has been over a decade.

2. Joiner drilled in East Texas an area neglected except along the coast, due to the oil finds in West Texas. In another words there was no 70 yr history of drilling and other exploration activities in East Texas. ZNOG is drilling in an area, where over the last 70 yrs, large international oil companies said no thanks. There was nothing interesting in the 2D conducted.

3. Joiner based his decisions on his own amateur geologist background, and whatever tools were available to him at the time. Not on scripture and prayers.

If one wants to believe ZNOG's MJ lease is sitting on top of an ocean of oil, then keep buying the stock. Price shouldn't matter.