SPARK, The first thing that impressed me is that I believe Kyle is one of the few honest people in this industry,( Just my opinion.)
Business wise, Kyle explained what the company has uncovered so far about the wreck they are going after. When I called him, I thought he was going after a different wreck located at Jupiter Inlet that I believe is buried under the sand on the south side of the inlet. Several other companies have worked that wreck and found several hundred coins, but nothing major.
I think Kyle is onto a totally different wreck and I believe it is an older wreck that carried more gold then silver. He has some good targets to uncover to find out what he has, but I think he will eventually hit it big. This is a tough business. X does not mark the spot on a map or the water. It is hard work. Kyle explained what equipment the company has and how he intends to go about working the wreck site. He has already found the ballast pile and has some good targets. I ask Kyle if he ever thought about putting some of his divers on the beach with metal detects to try and locate coins to date the wreck.
During storms and Hurricanes, Coins always end up on the beach from Treasure wrecks that sunk just off shore. Check out the 1715 Treasure wrecks on your computer, right after storms the beaches there are crowed with metal detector guys looking for coins.
Kyle was way ahead of me. He told me that he spoke with someone that did metal detect the beach near his wreck site and the guy recovered gold coins.
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