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hedge_fun

07/15/18 8:49 PM

#53043 RE: HOT SPURS #53042

Those are in the reports, which I, not......

the company shared with the public.

But since you brought it up, I think an analysis of the diving days vs the administrative cost would make for an interesting read.

I look forward to sharing what I find.

Great point.
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hedge_fun

07/16/18 6:06 AM

#53044 RE: HOT SPURS #53042

34 days in 18 months on "a site suspected to.....

hold the remains of an historic shipwreck." Thank you for having me look at that.

Day 726 since announcing they were on the wreck, but the report contradicts Kyle's comments in the promo video. See in the first paragraph below.

Target Investigation: July 6, 2016 to Jan. 5, 2017
During July to Dec 2016, Seafarer’s Quest LLC investigated magnetic anomalies on site MB514, a site suspected to hold the remains of an historic period shipwreck. Seafarer’s Quest at this time employed 3
vessels for this effort, the main vessel of Seafarer’s Quest, MV Iron Maiden, the No Limit, and the Shaakrig.

During this reporting period there were 8 days spent on site. Anomaly investigation in area 1 were focused around the previously identified wooden features (Figure 8 Area 1 Priority Target Area). A total of 30 of the 34 priority targets (Table 3 Area 1 Priority Target List 2016) were investigated. Out of the 30 investigated targets 14 were identified as “No Find” (Table 4 Area 1 Dive Records 2016).

Target Investigation: Jan 6 to July 5, 2017
During this reporting period there were 15 days spent on site. A total of 32 targets were investigated within the priority target area
(Table 7 Dive Record Jan - Jul 2017). Out of the 32 targets, 15 targets were identified as modern and 17 were listed as “No Find” which were reported on our Daily Field Reports and filed with the State.

Target Investigation: July 6 to Jan 5, 2018
During this reporting period, 11 days were spent on site. A total of 22 targets were investigated within the target area (Table 8 Dive Record Jul 2017 - Jan 2018). Out of the 22 targets 7 targets were identified as historical (spikes), 4 targets were identified as modern and 11 were listed as “No Find” which were reported on our Daily Field Reports and filed with the State.


Start reading on page 24. It's quite a read.

https://www.scribd.com/document/380166633/Seafarer-Quest-2016-05-Area-1-Interim-Report-2018
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Raider21

07/16/18 6:34 AM

#53047 RE: HOT SPURS #53042

Quote: Diving days?
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Actually the amount of diving days is not too relevant to the statement "we're on the wreck". When your on a wreck, evidence of same is normally produced on a daily basis. A bunch of iron spikes is not that evidence.