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Re: the count1 post# 5970

Wednesday, 03/14/2012 10:31:46 AM

Wednesday, March 14, 2012 10:31:46 AM

Post# of 54213
Hope that they dont decide to go that route. OMEX might be the company that they were talking to. Currently share price is $3.16, but they have net operating losses for 2011. The other thing that is tough with that type of company is the legalitys involved when they do find a treasure. Last year they found a Spanish ship with multi millions in silver. What happened? Spain stepped in and said it was their property, OMEX appealed in court and lost. I think that is a very cash intensive business with allot of risk.
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