Zion Oil & Gas Inc (ZNOG)

[WiseYoda]

I agree. Yesterday’s update provided an opportunity to try and get back into the green faster as I went back into the red after coming back in large after Zion got their licensed renewed. Selling for an overall loss at todays peak in order to buy back at a cheaper valuation is a play worth taking. At the current pace of how news is being released its safe to say we aren’t getting another update for sometime. It would be nice to get a strong position around the .05 level…..we’ll see as u never know how these things play out. Although the update was insightful as they may have a commercial discovery (depending on size of reservoir) it also revealed how terribly slow everything is moving. Key words like; Next phase, Logistical delays, Plans to Resume, Inspection & Recertification is all I needed to read.