Replies to post #17239 on Deep Blue Marine (DPBE)

[hotdog1012]

MAXJDA, I hope this bounces too. By the way, does Wilf still see that the current recovery will yield millions in ROI?

Artifacts are nice, but from an investment standpoint, they dont have the same impact as bringing up coinage and jewelry.

Just look at how quickly we 'bounced' at the announcement last October? The reason was the coin rain. We need some more rain...

[capted]

MAXJDA, Tracy B. told me ( Before DPBM even started diving on the wreck) that if DPBE couldn't retrieve artifacts within the first hour of diving, they didn't deserve to dive o the wreck.
I know there are tons of artifacts on the wreck. I have never said that there wasn't.
This is a TREASURE DIVING COMPANY. That is why most investors bought into this company. Artifacts are not going to pay the expenses AND make the stock price go up. Any diving company can bring up artifacts from any one of thousands of shipwrecks.

It has been pointed out that DPBE is diving in calmer water. They dove in calm water all of last year and the year before. They didn't bring up enough to even pay for the air they used for diving then.

Even if they found a wreck with $50,000,000 on it, that would not even raise the stock price enough for some investors to break even on the stock they bought.
I suspect the reason that some bought at high prices is because of the false or misleading PR's that the Company put out.