the action has been crazy on zn today- 4.5 mil

the action has been crazy on zn today- 4.5 million shares traded in first few hours

went from 90c to 1.15 fast - i've had very limited time to watch-and now back down to 90

i agree -nothing in the 10k to surprise us-but seeing zn's motion for summary judgment in the tx class action coming up may play well w big boys
and extension of license to dec 2 2020-not surprising to us


so the only other things i can think is:

big boys are maybe realizing that with an eastward trajectory from elad (where givot oilfield of estimated 20-50 mbbl starts-and could be much bigger once more wells are drilled)- in the shape of many oil fields like ghawar and heletz etc(long and narrow)

the givot oilfield may very well flow into zn's concession most likely some miles west of mj1,which may be on the edge of an oilfield -which is what i think zn may be thinking and a reason for the 3d- bc zn found the fundamentals -(but not the expected sidionian rocks perhaps due to a faultline)- but high pressure and heat and caprock

and this would probably be somewhat in a straight line w the small maps jryan posted re the line of oil fields thru syria -which when extended would go right thru zn's concession and perhaps mate with heletz(sp?)and elad etc

the other thing is a short squeeze- ..... can probably better comment on that - short squeezes produce crazy action like this