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Thursday, 03/03/2011 10:19:31 AM

Thursday, March 03, 2011 10:19:31 AM

Post# of 63186
In my email box from StockCastle.com this am...

Fellow Investors,

There is some exciting activity in ORRV, with the price up 233%. Over 49 million shares were traded on this usually quiet stock. With the market buzzing like this we think there is a strong indication that a valuable shipwreck might have been found.

The technicals are looking very strong check out Barcharts strong buy alert here:
http://www.barchart.com/opinions/stocks/ORRV

Billions of dollars in lost gold, silver, and other precious cargoes lie in the wreckage of ships lost over the centuries throughout the world's oceans. Experts believe that more gold lies lost at the bottom of the worlds oceans than in all the banks of the world.

Oceanic Research and Recovery (ORRV) is a quietly traded stock, however there is a lot of volatility when there is a good chance that they have located a new shipwreck with precious cargo.

They are currently recovering a shipwreck, in international waters, called Project - Blue Midas, where the confirmed cargo in the shipwreck exceeds 2 Billion Dollars.

However, the project with the most potential for ORRV is in the Philippines, which is unique because for millennia it was a center of commerce for ships of all nations. For 3 years they have been working on this project and rumors from the locals are that they might have found something very big!

To show you what a big shipwreck looks like here are 3 examples from modern vintage shipwrecks:

Wreck 1
11,500 tons of copper ingots at current market prices of $8,940 per ton = $102,810,000

Wreck 2
7,600 tons of tin ingots at current market prices of $14,740 per ton = $112,024,000

Wreck 3
6,200 tons of nickel ingots at current market prices of $26,000 per ton = $161,200,000

If the locals are talking and there is buzz in the market there is a good chance that they might announce a new find soon, which is why ORRV is our next pick. If its true that they found a valuable wreck than the price of the stock will go soaring, so try to get in before the price gets too high!









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