You’re talking about shallow wrecks that have be
Post# of 7795
The biggest issue with shallow water wrecks is being able to ID them. If you find a wreck that had a valuable enough cargo to be considered a feasible project, then it should pay off, but it starts with research before the project begins.
SFRX operates in reverse, which is why they’ve failed.
SFRX is hoping a wreck at Juno and Melbourne has treasure, but has never provided navigational data to support spending the time and money on the projects.
Deep water wrecks where the vessel remains in one piece or breaks in half upon impact are easily identifiable and solid research can pinpoint the treasure.
The industry isn’t looking for a Timmy Toy, and SFRX is actually admitting they don’t know what they’re doing.
If you can’t develop a target area based on known navigational data, you’re looking for a needle in a hay barn, and that’s not how real salvors operate.
But who knows, they might get lucky and find some pocket change or something.