Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Seafarer Exploration (SFRX) Message Board

Now this is interesting. 1985 gold was appro

Message Board Public Reply | Private Reply | Keep | Replies (2)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 7802
Posted On: 06/07/2014 10:22:27 PM
Avatar
Posted By: Coat Tail Rider
Now this is interesting.


Quote:
1985 gold was approximately $300. a ounce...silver oz approx. $7.
2014 gold is approximately $1250. a ounce...silver oz approx. $19.

Mel Fisher (August 21, 1922 – December 19, 1998) was an American treasure hunter best known for finding the 1622 wreck of the Spanish galleon Nuestra Señora de Atocha[1] named after a shrine in Madrid for protection.[2] He discovered the wreck July 20, 1985. The estimated $450 million cache recovered, known as "The Atocha Motherlode," included 40 tons of gold and silver; there were some 114,000 of the Spanish silver coins known as "pieces of eight", gold coins, Colombian emeralds, gold and silver artifacts, and 1000 silver ingots.[1][3] Large as it was, this was only roughly half of the treasure that went down with the Atocha. The wealthiest part of the ship, the stern castle, is yet to be found.[4] Still missing are 300 silver bars and 8 bronze cannons, among other things.



So the treasure from the Atocha would be valued around $2 Billion in today's dollars. I personally think the 1715 Concepcion wreck would yield more treasure in total than the Atocha but even it was equal to the amount of the Atocha, with the current share structure being rounded to a billion shares, that puts the pps, based on intrinsic value, after the state takes their share and HTQ gets their share, at $1 per share. That is with no hype, just the intrinsic value of the company based on their holdings of treasure.

Like I said before, this is a no-brainer.


(0)
(0)




Seafarer Exploration (SFRX) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us