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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Zion Oil and Gas Inc V.ZN


Primary Symbol: ZNOG

Energy Oil & Gas E&P
Zion Oil & Gas, Inc. is an oil and gas exploration company. The Company holds replacement license for New Megiddo License 428 (NML 428), which lies onshore, south, and west of the Sea of Galilee. Its wholly owned subsidiaries include Zion Drilling, Inc., which is focused on owning a drilling rig, related equipment and spare parts, and Zion Drilling Services, Inc., which acts as the contractor providing drilling services. The Company has not generated any revenues.


OTCQB:ZNOG - Post by User

Zion Oil and Gas Inc > ???Corporate Strategy????
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Comment by kikbuton Apr 08, 2011 10:57am
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Post# 18404486

RE: ???Corporate Strategy????

RE: ???Corporate Strategy????Silver just broke through 40 dollars an ounce,I was also a fan of the Hughes Group for a while and now have a different opinion after being burned on a couple of their companies.
It is an extrordinary amount of management fees without any advancement or dollars sunk into the ground.
My bet says they are sporting very nice sun tans at shareholder expense.
I agree the Michelle Property is a spectacular grassroots project and unfortunately after these rollbacks and management ineptness I have to write my investment off as zero and will not average down again.
Crossing my fingers that in this," The mother of all commodity bull runs" I will at some point break even on this dog.
Cheers
Kiker
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