Seafarer Exploration Corp (SFRX)

[hedge_fun]

SFRX has been looking in this very small area.............

since 2014, but touted HTQ being there for over a decade.

Combined this is the 23rd season for SFRX and HTQ who formed a partnership. SFRX obtained the data. It shows nothing significant is there. They’ve submitted the data in permit applications. They have to. They have to tell the Bureau what they have and what they seek to accomplish.

But when I say this is a very small area, this is what I mean. I spent the week recently in Hilton Head. From my 5th floor balcony near Coligny Circle I could see Tybee Island. I could see fishing boats anchored offshore at least 3 miles out, probably more. Tybee Island from Coligny Circle is at least 7 or 8 miles as a crow flies. That’s the size of Area 1and 2. It’s a very small area.

Now HTQ had a larger area under permit which has all expired, but this comment in the PR should have raised eyebrows to anyone who understands salvage. It’s kind of like the big ole ballast pile comment, and not something a professional would say. It shows a lack of understanding.

HTQ has surveyed, explored, and researched the site and historical archives for over a decade.

https://www.prnewswire.com/news-releases/seafarer-gains-third-treasure-site-191005961.html

SFRX has concluded long before now this is floatsom. It’s in their Bureau Reports. These are their words, not mine. Raider told everyone years ago this was all there was.