Endurance Exploration Group Inc (EXPL)

[hedge_fun]

The Geldermalsen, a Dutch East India company merchant vessel, sank in a storm in 1752. The 1,150 ton vessel was on a return voyage from Canton to Amsterdam laden with Chinese porcelain, tea, raw silk and gold. Accounts from the survivors verified the shipment along with records in Holland whose trade with Asia for two centuries was dubbed the Golden Age. Along with his partner, Max de Rham—an engineer skilled in high technology and marine surveys—Hatch researched the merchantman. Both agreed to begin the search in the area where the Chinese junk was found. Using satellite navigation, proton magnetometers and side-scan sonar, they swept a five mile perimeter, but came up empty handed. After two months of fruitless effort, Hatcher wanted to quit, but de Rham begged for one more day. Bingo! The very next day, May 11, 1985, the prize appeared on sonar—an image of a shipwreck showing mastheads, cannons and deck contours.

https://numa.net/2017/06/nanking-cargo-riches-from-the-orient/