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500 Million in Coins found in Ocean (Tampa Florida)
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<p>[QUOTE="Vess1, post: 1383452, member: 13650"]The find that put Oddysey on the map was the SS Republic off the Georgia coast. If anybody is interested in learning more about them, they put a book out called "Lost Gold of the Republic". It tells the story of that salvage. Pretty interesting book. They used to have a show on tv. Some foreign governments harassed them with their naval ships and planes because they felt like they were intruding on their territory. Almost like somebody metal detecting on somebody's property without permission. </p><p><br /></p><p> They've had to invest a lot of time and money into these projects. Nothing was stopping any foreign government from seeking out these wrecks themselves. But now that a president has been set, I don't know why they would. They can just confiscate whatever the private sector invests their work and time into. I think our govt screwed them over royally on this one. I half wonder if they're going to want to keep doing what they're doing after this? They can give their projects code names but when there's a big find, there's no keeping anything a secret. It's possible they just won't bring anything back to US soil. Only problem is, there's no reputable TPGs or NCS equivalent for their stuff in South America. That may be half the reason they brought it back to the US.</p><p><br /></p><p> The company is traded on the NYSE. I always thought it'd be interesting to own some but I bet this debacle doesn't do a thing for their share price. There's a lot of uncertainty for the future now. Who knows if they can even absorb a loss like this?[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1383452, member: 13650"]The find that put Oddysey on the map was the SS Republic off the Georgia coast. If anybody is interested in learning more about them, they put a book out called "Lost Gold of the Republic". It tells the story of that salvage. Pretty interesting book. They used to have a show on tv. Some foreign governments harassed them with their naval ships and planes because they felt like they were intruding on their territory. Almost like somebody metal detecting on somebody's property without permission. They've had to invest a lot of time and money into these projects. Nothing was stopping any foreign government from seeking out these wrecks themselves. But now that a president has been set, I don't know why they would. They can just confiscate whatever the private sector invests their work and time into. I think our govt screwed them over royally on this one. I half wonder if they're going to want to keep doing what they're doing after this? They can give their projects code names but when there's a big find, there's no keeping anything a secret. It's possible they just won't bring anything back to US soil. Only problem is, there's no reputable TPGs or NCS equivalent for their stuff in South America. That may be half the reason they brought it back to the US. The company is traded on the NYSE. I always thought it'd be interesting to own some but I bet this debacle doesn't do a thing for their share price. There's a lot of uncertainty for the future now. Who knows if they can even absorb a loss like this?[/QUOTE]
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500 Million in Coins found in Ocean (Tampa Florida)
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