Replies to post #2658 on Zion Oil & Gas Inc (ZNOG)

[mantisforce]

dont bother, its just another Pro------ Wa------ type.

[contraman]

Trading on nasdaq proves nothing. Bernie Madoff was a chair there, if I am not mistaken.

The reserve is not proven. It is very, very speculative. If real, it seems to belong to Genie energy, a very well connected entity. Is ZN anywhere in the picture?

A proven oil reserve of this magnitude would've been huge news in Israeli media. Yet, all references to it are very measured.

Here is one of the examples:

http://www.globes.co.il/en/article-how-seriously-should-we-take-the-golan-oil-find-1001072026

There are too many uncertainties with this IMO.