You think they've spent all this time they were working on something that showed no promise? I suppose it's possible, given how many people waste years posting about how it doesn't work, but I find it unlikely there's nothing of value.
Hot air balloon ride is code for "I got left at the station."
Raider, I understand where you are coming from. You stand on one side of this while it's obvious that a bunch of people stand on the other side believing in the technology. Do you not think they haven't field tested the living daylights out of the SeaSearcher with all kinds of different metals to insure it's accuracy? Say what you want about Seafarer as a whole but Tim Reynolds is absolutely no dummy.