Replies to post #53209 on Zion Oil & Gas Inc (ZNOG)

[WebSlinger]

<< I suspect that the lease status is not a material event for an oil exploration company. So they are under no obligation to tell you, either how many times they have applied nor the status of those applications. >>

A material event for a stock is any event that is likely to have a significant impact on the value of the stock. As such, I would consider a renewal of a lease a material event, since it is a crucial event to the company.

[Freedom1776]

Exactly