Seafarer Receives 3 Year Permit

I just watched this great movie that was a sequel to
the 1993 movie called "Wall Street" directed by Oliver
Stone, which, I happened to have seen and remember
vividly. WOW! That's all I can say.

If you ever want to see the future of
Treasure Hunting, along with everything else that is
called "Corporate America," watch this flick.

Now, I won't mention any names here, but if
you independent guys think you have a chance in
pursuing a "Dream," think again. Ain't nothing that
you have witnessed before is going to shake what
is about to come.
 

I must have just walked out of a fog bank. Reef Dawg, enlighten me on what you are talking about. PM me if you want.
 

I'm a little confused here. Can someone help me out ? I'm trying to figure out if this company is saying that the wreck is from the 1500's and loaded with Inca Treasure or :read2:, 1715 or 1733? Didn't they find any artifacts or coins to date this wreck or is this just a bunch of hype to sell stock???



By Lona O'Connor
Palm Beach Post Staff Writer
Posted: 5:20 p.m. Thursday, May 12, 2011

The boat in question, though it will remain unknown until something is found that dates it, was probably a Spanish galleon from the 1500s hauling gold plundered from the Incas.

The ship might also be from two Spanish fleets well known to treasure hunters, from 1715 and 1733, most of whose ships sank in storms.

Ryan Wheeler, the state's archeologist, holds a more sober view.

"If you look at the history of the site, it hasn't produced much in the way of artifacts," said Wheeler. "It's a very risky proposition, but of course we wish them luck." :read2:
 

Oldman,

The statement is pretty laughable isn't it! Big difference between 1500's and 1700's! Basically what they are saying is they don't know what it is and obviously they haven't recovered enough artifacts to help identify the wreck. The statement from Ryan Wheeler says it all.

You wonder how they come to those conclusions or what evidence they have to support it?

But we do wish them good luck and certainly hope it is a treasure wreck!

Robert
 

Certainly is a lot cheaper than publishing a prospectus to lure investment.
 

Good to see them in the water!
Troy is certainly a bundle of energy and a working "seahorse"!

Just be careful guys and remember the envelop is very thin
and gets geometrically thinner with each fathom...

Good luck to the professional working crew
and to the guys that should be paying them well
for their services!
 

RGecy said:
Oldman,

The statement is pretty laughable isn't it! Big difference between 1500's and 1700's! Basically what they are saying is they don't know what it is and obviously they haven't recovered enough artifacts to help identify the wreck. The statement from Ryan Wheeler says it all.

You wonder how they come to those conclusions or what evidence they have to support it?

But we do wish them good luck and certainly hope it is a treasure wreck!

Robert

Robert, I wish them luck, as I would anyone looking for treasure. Personally, I think their conclusions were based on hope and trying to get new investors to buy their stock.
 

Honestly, you guys sound like politicians. The average guy like me really wants to know what IS happening along the Treasure Coast at ALL the wreck sites and WHO is actually working them.

I'd like to be able to access a basic information page that states clearly who has the admiralty rights, this is the team diving, and this is their track record etc etc.

Then maybe, just maybe, newbies with cash just might want to get involved.
 

Cappy Z. said:
I'd like to be able to access a basic information page that states clearly who has the admiralty rights, this is the team diving, and this is their track record etc etc.

Then maybe, just maybe, newbies with cash just might want to get involved.

Very well put.

Observation: Unless you are a big fish investor there is reluctance among some salvors in dealing with entry level investors.
 

Digger54 said:
Cappy Z. said:
I'd like to be able to access a basic information page that states clearly who has the admiralty rights, this is the team diving, and this is their track record etc etc.

Then maybe, just maybe, newbies with cash just might want to get involved.

Very well put.

Observation: Unless you are a big fish investor there is reluctance among some salvors in dealing with entry level investors.
I'm a little fish investor but I have a large school...lol.
 

Cappy Z. said:
Honestly, you guys sound like politicians. The average guy like me really wants to know what IS happening along the Treasure Coast at ALL the wreck sites and WHO is actually working them.

I'd like to be able to access a basic information page that states clearly who has the admiralty rights, this is the team diving, and this is their track record etc etc.

Then maybe, just maybe, newbies with cash just might want to get involved.
\

Cappy Z, If you want answers, please ask specific questions and I am sure someone on the shipwreck board will be answer you.
I am sure that if you are interested in a Private Venture, There are a few people that post on here that have a pretty good track record. Greg Bounds comes to mind.

If your talking about publicly traded penny stock company there is plenty of information on the internet to find out what their track record is.
If you are talking specifically about the Company that appears in the beginning of this thread? To my knowledge they have not recovered any coins or anything that I know of. Someone mentioned an anchor. I believe that was found many, many years ago by someone else. I also understand that several treasure hunting companies have worked that site over the years and have never found anything of value.

Personally, there is only one penny stock treasure hunting company that I would invest in and that is Odyssey Marine. This is just my personal opinion.
 

Old Man, Odyssey is not a penny stock company anymore. They are listed on NASDAQ and their stock is going for $4.07/share.
 

Salvor6 said:
Old Man, Odyssey is not a penny stock company anymore. They are listed on NASDAQ and their stock is going for $4.07/share.

Pete, A mis-quote on my part. I meant a Publicly traded Company. At least they go all out and give it their best with results. The result part being the Key Word.
 

Although they are "hoping" to find great treasure, right now i can think of only ONE treasure hunting comapny that is actually putting treasure on the deck on a daily basis. And it is not Seafarer. NOt even Odessey right now. It is Deep Blue. (DPBE) They are in the D.R., not Florida, but they have contracts with the government, they have over 1000 coins to show already for their work, they have mayan artifacts on deck and pictures shown, silver discs, good artifacts, and they are pulling new stuff daily.

I'm going to root for Seafarer in this instance, but after getting excited about the PR I think this thread has helped me decide to NOT invest in this one. I owned Odessey for a while,, but now just own Depp Blue, and shall stay there instead. I didn't like the state guy saying not much has been found for numerous years in a row. :-( Too much risk. DPBE is still under a penny, even though they are finding things, so that's where i'm going to keep my dollars. Thanks for the GREAT information on this thread though, so I was able to see more of the true facts! Thanks guys. :-)
 

If they find anything won't Spain just take it anyway?
 

If they find anything won't Spain just take it anyway?
bikerlawyer, I think someone from Odyssey Marine could answer that question better then I can, but if it is a Spanish Merchant ship? I don't think Spain has a claim to it. However, that doesn't mean that they won't use the Court System to try and take it anyways. I also don't think Spain will lay claim to it until most of it is salvaged, but who Knows??
 

Judd Laird passed the bar recently so how will that work out for Seafarer now?
 

Top Member Reactions

Users who are viewing this thread

Latest Discussions

Back
Top Bottom