Replies to post #24732 on Seafarer Exploration Corp (SFRX)

[northofadollar]

Again...I do not wish to dismiss the estimates of the expert in this field. If anyone does that is fine but an expert is an expert and I'll give him the benefit of the doubt. Should he miss and it be $2 billion it's still a $1 stock on pure earnings, no multipliers and no income from other sources. That's huge over my sub penny average on millions of shares. I would think "actual" shareholders are excited about those possibilities. Let's say his $5 billion turns into $1 billion....still a .75+ stock on raw earnings. Catch my drift on this? Maybe SFRX should NOT employ experts in this field?? I would not be happy with that at all. They've done their homework on this site and we are going to see how accurate Sinclair and de Bry are.

[Southern Gal]

Last comments were left out

Now, I put it to those with expertise in the field. What is your opinion regarding the chances of there being a $5,000,000,000 pot of gold (specifically) in site #3, and, for SFRX to find it?

One could argue the following, based on the current $0.02 PPS

If the odds are 50:1 for a $2.50 pps, the pps should now be $0.05

If the odds are 25:1 for a $2.50 pps, the pps should now be $0.010

If the odds are 10:1 for a $2.50 pps, the pps should now be $0.25

If the odds are 2:1 for a $2.50 pps, the pps should now be $1.25



Apologies if my analysis is off a bit- been a long time since college stat analy class.

[sctts]

Now, I put it to those with expertise in the field. What is your opinion regarding the chances of there being a $5,000,000,000 pot of gold (specifically) in site #3, and, for SFRX to find it?

The numbers you throw out are based on STRICT statistics,

Number only and are therefore worthless.

If you have 10 horses in a race, theoretically,

the odds are 1 in 10 you can pick a winner. However, oddsmakers take into account many variables and are quite good at setting odds.
Treasure hunting...There are many variables there also...

Did a ship sink within the permitted area?

Can you identify the ship that sank?

Can you find the manifest for said ship, and determine its contents?

Until we know why Mr Sinclair is guessing 5 billion in treasure,

I would hold off on odds making. :)

And also consider those 2 gentlemen, Sinclair and De Bry, know their stuff.

[buccaneer1961]

in the bag! no need to question our beloved ceo..if he says its 100 bil buy like heck!!!