Zion Oil & Gas Inc (ZNOG)

[JRyan]

Us old timers have lost monies. Why? Non commercial oil up to now. We knew that going in. Your still here for other reasons and it 'burns' you that the rig is still there and the company is still around.

It would make me happy if the reentry to MJ1 produces oil, not to make the monies back but to just make you mad.

Will they? Dunno, lots of stuff going on in that area.

Us old timers have been patient, it's not our timing that counts anyway...

Oil is there, Just as in the Bakken, getting it out commercially is the trick. We have 3 more years to try and no matter how much you complain, we move forward.

600 million shares now...wow, that's a lot of dilution, but they are still trying.

Heck, I might add some shares but I doubt it at this point.

It's holding 5+cents very well for now....and true nothing is happening that I know of, but the rig is there, I know as I saw it late August. Glad I was not there for what is going on now.

One thing you would have to admit though, it's a resilient company.