saltydog1733 said:For every dollar you spend looking and finding, you'll spend about $10 excavating and treating what you've found [to offset] chemical changes that happen underwater."
This just drives home the idea that marine archaeology and shipwreck salvage should not be funded by taxpayers dollars.
Jones Indiana said:That statement was given by James Delgado, director of the Maritime Heritage Program. Sounds bias and not favoring commercial interests.
Crow said:Hello Alexandre
What is the EU requirements for funding an Martime archaeological project?
Crow
WOW, is that a professionaly researched opinion or you just talking c r a p?Alexandre said:It might be biased but it is true! I bet 99% of the time, all treasure hinting ventures are run at investor's loss (unless, of course, you consider selling them the "dream" to be an asset for him
Au_Dreamers said:I guess they only teach proper research after the doctorial?
Jones Indiana said:RMS Titanic Inc. Might be one. Would need to do the research.
Where dealing just with shipwrecks?
Indy
Alexandre said:Au_Dreamers said:I guess they only teach proper research after the doctorial?
I have been around and my eyes and ears are always open.
Which is NOT proper research. Reading press clippings and reading forums isn't the same.
Look at the 1715 fleet, all those subcontractors spending money and not digging any real gold and silver out of those worked out sites.
Or the Atocha - all those years of milking investors out of their money, and all those legal fees and ammends and the money made on the treasure all long gone.
"milking"? Again bias opinion
Or the Arqueonautas venture, which has plundered Cape Verde, Mozambique and is now turning to Indonesia, who discovered several wrecks and a handful of silver coins and an astrolabe but with no real treasure to show;
Or the Central America fiasco - a lovely book and then Tommy G. Thompson was on the run, being persecuted by defrauded investors
(please, read this: http://www.forbes.com/forbes/2006/0619/158_print.html)
Or look at Odyssey, I bet they are in the red up to their ears.
So I guess then all these pros are just like archeologists, spending a bunch of money to fulfill their hobbies regardless of financial outcome?
Anyhow, I am waiting for your examples of a treasure hunting venture that turned into a profit, after all expenses were accounted for.
Just name three and support your claims with facts and numbers. I dare you.
This isn't too accurate. Maybe for some but not for all.Oceanscience said:The root of treasure hunting lies in psychology.
It is a root from the same tree as gambling and buying lottery tickets.
Yes it is. For the house.
Homework: Define the house in treasure hunting.
ScubaFinder said:Take Bonnie Schubert for example. Her and her mom have spent years out on the water looking near Douglas Beach. Last year, they found a golden Pelican that is valued at between $800,000 and $1,000,000. They achieved about 7000 percent return on their total investment. That's one....I can keep going for days, but you only asked for 3 Alexandre.