Everybody can stop trying to figure out where the treasure is.
I was contacted by a guy going by the the name Whiterock7, who has located the treasure. Apparently he sent a message with a pic to Fenn on May 17.
To protect himself from booby trapped spirit, he was planning on placing the box into the fire, and burning the whole box [ which Fenn was apparently afraid of, that's why he left the box unlocked]. Apparently the treasure was stashed in such a way, that your soul would be in danger, even just by getting to the treasure. So he took necessary precautions, but anyone seeking the treasure could still be in danger, just by passing through that danger zone, which could not be disabled, or by visiting with him, especially if you have small children..
So now you can stop looking. I have over though the poem myself, and came up with the wrong location, but I was absolutely correct about the booby trap and the soul...Apparently, it was actually worst than I thought. He apparently sent him a somewhat coded message, but included the pic. He was worried about who reads Fenn's e-mails, and that those people could still fall into the trap. He doesn't believe that Fenn's wife understands what Fenn is really doing.
I believe the guy 100%.
If you do not, contact Fenn. Do not let him tell you that it is still out there. Make him answer whether he did get an e mail from the guy on 5/17 with the picture from the correct location. Pass it on, do not waste your money and effort.
I reposted this message on all Fenn pages here