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	<title>Comments on: Zion Announces New President/COO</title>
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		<title>By: Garry Haralambou</title>
		<link>http://www.oilinisrael.net/top-stories/new-president/comment-page-1#comment-1051</link>
		<dc:creator>Garry Haralambou</dc:creator>
		<pubDate>Thu, 18 Feb 2010 17:33:13 +0000</pubDate>
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		<description>I have been a stockholder for the longest time and have participated in every new issue, but I can&#039;t understand for the likes of me why it is taking so long to discover oil? I&#039;m frustrated because each new offering dilutes the value of the stock and i have bought it at $13 a share at times, so I&#039;ve seen my investment reduce more than 50%.   Why did Zion start drilling  a 3rd well? Why not finish #2 and find some oil already. Then have a new offering to have the funds to drill as many well as they want.</description>
		<content:encoded><![CDATA[<p>I have been a stockholder for the longest time and have participated in every new issue, but I can&#8217;t understand for the likes of me why it is taking so long to discover oil? I&#8217;m frustrated because each new offering dilutes the value of the stock and i have bought it at $13 a share at times, so I&#8217;ve seen my investment reduce more than 50%.   Why did Zion start drilling  a 3rd well? Why not finish #2 and find some oil already. Then have a new offering to have the funds to drill as many well as they want.</p>
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