(Total Views: 148)
Posted On: 02/22/2023 8:41:34 PM
Post# of 7802

Re: Coat Tail Rider #7305
Nothing has changed. SFRX is still diluting and they continue to be a failure (Kyle’s word). They’re not locating and salvaging anything, yet they claim they’re all it.
Talk, talk, talk. ZERO results.
The reasoning behind the “alleged” Juno valuation was laughable. The wreck is UNIDENTIFIED.
Until you can ID the wreck, it means NOTHING.
A valuation should ONLY be based on a known wreck with a known cargo….ie it sank with 50 tons of gold ingots. The intrinsic value of such a cargo would be almost $3B.
It doesn’t matter who Kyle may or may not have talk to, it’s a bullshit claim.
But it sounds good to novices.
Talk, talk, talk. ZERO results.
The reasoning behind the “alleged” Juno valuation was laughable. The wreck is UNIDENTIFIED.
Until you can ID the wreck, it means NOTHING.
A valuation should ONLY be based on a known wreck with a known cargo….ie it sank with 50 tons of gold ingots. The intrinsic value of such a cargo would be almost $3B.
It doesn’t matter who Kyle may or may not have talk to, it’s a bullshit claim.
But it sounds good to novices.

