Replies to post #16799 on Zion Oil & Gas Inc (ZNOG)

[Badbrain88]

I'm in full agreement and as much I would've hoped yesterday we could have seen a PR I know enough about this industry that they need to line their eggs up in a basket at this junction. If they rushed another fluff piece just to stem the pps bleeding it might affect the next one and diffuse the impact. I still remember the last concerted short attack last march when they were more or less pressured into releasing news prematurely. Legit companies don't babysit their shareholders. They've been active in other ways to be informative but as we all know, shorts/bears have no issue with being unscrupulous and will prey on any sign of weakness.

[Moses1492]

A long test timme can be positive. PRs have to be very intentionally ambiguous until official announcements are made.

[microcaps1]

I agree- I was just tempering expectations of those who were going to the stockholders meeting-that they probably wont hear ongoing testing results as per Zions own tweet that results would be held til testing was done- and as the May 17 PR said, basic testing would take 7-10 days per zone with 5 zones and extended testing may take longer/zone

I was in this many years ago and lost money bc of all the fundraising tactics which at times have major impact on pps as we just saw, with many presumably exercising their right to buy rights on the last 2 days of such-May 30-31

whenever options convertibles pp's warrants etc are available or exercisable for less than the market price,they inevitably take their profits and bring pps down