Hello Everyone. Greetings to u. Zion Oil and Natural Gas has take about 7 years to finally get their oil rig built in Israel. It drills horizontally and can produce oil equivalent to 10 vertical rigs, if, they hit oil. They are drilling right now. They have two wells now. Stock closed at $0.70 yesterday. They are based in Dallas with 30 full time employees in total.
Doesn't look good long term Shorter term if it can hold last week's low of 0.60 then you could get a few %, but I won't be trading penny stocks.
