Seafarer Exploration Corp (SFRX)

[hedge_fun]

If/when they find treasure? Apparently they have……

no clue where to look or what to look for.

Isn’t this their 15th year? What the heck? Surely you understand the skepticism.

AllenX located 18 wrecks in the last 3 years around the Bahamas using sound research and magnetometers.

I thought mags were obsolete.

Thousands of wrecks have been found with sound research and using mags.

Do they even have research files? It’s not something they ever discuss.

Generally research is completed BEFORE the search even begins.

For example, the North Carolina collided with the Governor Dudley in 1840. Research narrowed down the search area, and boom there she was.

They knew when the ships left, where they were headed, and how fast they were traveling. They also had survivor accounts (no fatalities). They could narrow the search area by calculating the speed each ship was traveling.

Do you seriously think treasure is gonna be 5 miles from the ballast pile? Based on what? They can’t even ID the wreck.

You say folks are screaming the sky is falling, but the CEO even admitted they’ve been a failure.

Doesn’t their record speak for itself?