Seafarer Exploration Corp (SFRX)

[narnia1000]

Imo why a sell off today:

"this permit allows Seafarer to begin the investigation, research and archaeological excavation"

Sounds to some, like another log, drawn out process is beginning, and they are not up for another long wait. Too bad because these things take time as many here already know.

"this area produced artifacts of significant importance"

People want to hear the words gold, gold coins, gold bars, silver, silver coins, silver bars, jewels, etc.

"there is an 18th century historical shipwreck in this vicinity"

People wanted to hear that a treasure ship, or a known treasure ship is being sought, and not one of historical importance.
Personally, I believe that the PR is worded with an emphasis on "historical" for the benefit of the Florida Bureau of Archaeology Research. Better to sound like research is high on the list of motives, and not just digging for treasure. This is beneficial to them in obtaining future permits. In the end, even if no treasure, as we picture it in our heads, is ever found, there may still be artifacts of significant value which can then be monetized.

Buys these dips, add on dips.

SFRX