Even if gold was selling for $10,000 per oz, it really doesn't matter insofar as Sfrx is concerned, unless they recover treasure.
Admittedly, the track record on that front has been, well, pretty much non existent. That horse appears to be stuck in the gate.
I read so much enthusiasm for what lies ahead. I wish I was reading something to provide a little meat on that bone. Permits are required and that sfrx has them is great. Dr de Bry's involvement is a positive. The growing share structure is to be expected on this type of equity.
Imo and in the end, they need to fulfill their mission for this play to live up to the hype.
Sfrx has been diving on Juno since, at least, September of 2012. I haven't seen any reports of significant salvage.
I hope lantana yields something to stir the market and drive the pps higher.
I hope that the vessel they spotted at lantana has something of interest hiding in the wreckage. There were lots of boats traveling the waters off the fl coast. A sunken vessel does not necessarily equate to a treasure vessel.