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northofadollar

04/02/11 12:58 PM

#2238 RE: basserdan #2237

I'm not inferring the permit is in hand. I think the payment of the Tulco $20,000 probably goes hand in hand with the permit though. In other words, I don't think the permit would be issued without Tulco being paid their fee. If some how they got the permit without Tulco being paid they couldn't dive the wreck the way I see it. To me, getting Tulco paid is essential and if Tulco is paid up at this point I think that's a great sign that the permit is at hand and they are preparing operations at the site.
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capted

04/02/11 2:26 PM

#2239 RE: basserdan #2237

Dan, If SFRX is wasting $20,000 for the permit to dive the Juno Site and they aren't looking for a real treasure site ? I certainly feel sorry for you investors.

As the old saying goes.
" You can't change the spots on a leopard. "

I told oilbird where SFRX could get their own permit on a site in Florida that has cannons and has never been salvaged. ( Cannons don't mean that there is treasure at the site, but it's a better prospect then the Juno Site and the State of Florida has already said, they would issue a survey permit for under $1,000. )

I also told him about a site in the Caribbean where there are two Privateers with cannons that have never been salvage and the Prime Minister has already stated that he will issue a salvage permit for half of what SFRX is going to pay for 1 year to dive the Juno Site.

I really feel sorry for you as an investor.

Just my personal opinion.