Replies to post #45393 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

WiseYoda, hopefully that changes now too.

The cats out of the bag, we have a discovery as witnessed by the Israeli Energy Authorities when they provided an extension based on current drill evidence from MJ02.

Now it's up to what the testing shows us. I'm looking for a Christmas gift. Not that we deserve it, but fortunately, gifts are His specialty, and not giving us what we deserve.

IMHO, we are going to see more frequent updates now as we move forward and the results reveal more and more detail, to the point where releasing info no longer threatens what previously was considered proprietary and possibly misleading by the SEC.

As it becomes more and more obvious there is a commercial discovery, it will be more likely they will provide more info.

They have stated there are multiple zones of interest and at one point, Mr. Dunn made reference to the borehole accessing all productive zones making the borehole more like the rootsystem of a tree pulling fluid to the main tap root. Hopefully, all branches, when put together, make for a large commercial find.

Each of those zones will provide opportunity for another update.

[Monroe1]

A couple of things holding it back. As we know every year at this time there is huge selling for tax losses to be used. MM's and short traders know this and use the time to their advantage. That downward pressure will be met with an equal reversal after the holiday selling wanes.

Most likely Zion mgt is using the political climate to it's advantage of keeping silent ... as I see it anyway, and with the full stamp of approval from the Israeli govt. Under national security the govt can declare anything they deem sensitive to be under a gag order of sorts. Silence is golden when the govt. wants it to be. Without going onto any official record the word can come down declaring what and how to proceed. Zion would not be able to PR that the Israeli ministry is telling them to remain silent. I think this is why this time around there is more silence. In any case, as info is released, we will continue trending up and once January rolls around the selling pressure should lessen sharply.