Seafarer Exploration Corp (SFRX)

[Raider21]

Quote: Just think, if they got Spain’s permission they could tell the FBAR to take a hike.
.............................................................

Spain is never going to work with treasure hunters. They were therein ramrod for ushering in the UNESCO Underwater Cultural Heritage Treaty which I assure you very few stockholders posting here have ever read. Overall this is a dead industry respective to Spanish treasure wrecks. I find it most amusing how all these brilliant know it all's avoid this subject like the plague.

Furthermore, the academic community - host countries that would perhaps entertain issuance of exploration / salvage contracts, frown upon the naive SFRX concept of we scan a wreck site 'to go for the gold' thus avoiding methodical excavation of the entire site. Nice for stockholders but not for host country ministry's of culture. It's near inconceivable that SFRX should be so foolish so as to portray themselves this way. The answer is quite simple. They lack experience. They've never done it. Amateurs.

Yes, I listened to the interview 'the blind leading the blind' with a lot of statements of misrepresentation by the CEO but for him that's nothing new.