Replies to post #42318 on Zion Oil & Gas Inc (ZNOG)

[Freedom1776]

I agree with you 100%.

[jmaruschok]

I could not have said it any better myself. Zion management is not God and I will not put my faith in them like I do with God.

The management team is made up of humans who are receiving real-time information from drilling operations, have all well knowledge, and possess supposed "secret sauce" in regards to how much oil there is. They are not some benevolent, omnipotent beings - they are people who choose not to share information with shareholders despite saying that they will.

No more exploration licenses, and ours is up in December. Put up or shut up. Either give shareholders the information that has been requested from day 1 - mind you this same information is given from other oil companies to their shareholders e.g. RECAF and EEENF - or admit that they have been lying to us and accept their fate both on this Earth and the next.

[WiseYoda]

This is the sobering truth. The lack of clarity is a cause for concern. Many insinuate that they’re being tight lipped as to not alert other oil companies. Well I certainly hope thats true I find being objective at this stage is wise especially after how Zion revealed through a vague update that drilling had resumed. When and why did it stop? Why didn’t they reveal any kind of details about it? Is it because they thought the PPS would suffer? Regardless of the why, its never a good sign when public companies start suppressing information. Although its not good news its better to reveal what’s happening instead of remaining quiet for a period of time then to just conveniently reveal that drilling had resumed through a vague update. Theres always a good way to articulate what’s happening instead of suppressing it. It begs the question though that if they’re willing to suppress that kind of information then what else are they suppressing? Hopefully its good news and in the next update they give much needed details about what’s happening with the license and the drilling. God speed.