Heads Up on ZNOG Good Time to Buy Shares?

Zion are in the process of preparing to develop and test the reservoir from its MJ-02 well in Israel.

Work is underway and Zion Oil and Gas appear optimistic. Share price is around 11c

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Zion Oil and Gas are using the leading Petro physicists and Simulation experts based in the U.S.

It appears Zion have plans to drill further wells. And are in the process of seeking permission to produce oil. But information from Zion is vague.

ZNOG are keeping their cards close to their chest.

Could ZNOG be a good buying opportunity at this stage?

The share price seems to offer good value if ultimately they have found oil and/or moreover can produce oil proper.

The spreads on the OTC market can be huge thus if this stock starts to move up on good news, the share price could rocket to the moon! Of course it all depends on how good the news is.

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