InvestorsHub Logo
Followers 56
Posts 4473
Boards Moderated 0
Alias Born 02/21/2007

Re: mikepiazza post# 782

Tuesday, 06/12/2007 3:41:43 PM

Tuesday, June 12, 2007 3:41:43 PM

Post# of 41960
Mike, I think you're a great guy. Here's my take. The operation down south is going to cost a fortune just for the sub-contract. Before they even leave Key West to head down there.I never heard Wilf say in his PR's that they were treasure wrecks down there.
The Deep Scan still looks the same as it did when you took pictures last month. In other words the bow is still just ribbing.
The company has a real treasure wreck in Key West. Ask any real treasure hunter and they will tell you that you are lucky to find one treasure ship in a life time. Why expend money for a contract down south, that you don't need now. I say put all your resources into salvaging the wreck in Key West and put the others off until next year. Then you wouldn't have to dilute the stock.
Mike it might be 200 feet deep, but all WIlf is paying for that is extra is the couple of extra dollars it cost to fill the tanks with tri-mix instead of a regular tank of air. The run to the dive site isn't costing them more in fuel or salaries.

Mike I'm hot under the collar because I know what is there and the stock could have gone up over a dollar a share before the end of the year if the dumping wasn't going on and they stayed with a proven treasure wreck and didn't waste money on all the other projects.
Sorry Mike that's MHO