Zion Oil & Gas Inc (ZNOG): tisdal you can't base ZN's price...

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Zion Oil & Gas Inc (ZNOG)

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Re: tisdal post# 39918

Friday, 12/04/2020 2:57:01 PM

Friday, December 04, 2020 2:57:01 PM

tisdal you can't base ZN's price on history as ZN has 4x the number of outstanding shares. Even with good seismic data (unless the reservoir can be proven HUGE and commercial statistically, it really won't move the needle much. ZN's history has been one of failure after multiple attempts. ZNOG at $5 would put us with a market cap of over 1.2 BILLION. Never going to happen unless we hit a gusher. At best we approach $2 once we are drilling in the money depth imo.

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Recent ZNOG News

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