Replies to post #31014 on Zion Oil & Gas Inc (ZNOG)

[DragonBear]

from the Nov 29 disclosure-garbage

MJ1 was a dry hole. The Brown gang throwing out speculation doesn't change that fact.

Neither does claiming 3D was too expensive back in 2016. Where 2D and some scripture in the PRs yielded the MJ1 dry hole. So much for "Zion now believes it is prudent and consistent with good industry practice".

Now comes 3D is cheap, but will only be undertaken in a small corner of their lease. Translation: The locals won't allow them to 3D or drill anywhere else. Assuming they are capable of raising the required income of a few $M, not to mention the Brown gang's take, along with the estimated $600K/month "other costs" - or is that part of the Brown gang's take, and will it cover the sudden surge in legal expenses?

The ZN Microcrap scam is on life support. The 29-Nov garbage is fermenting.