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Gold/Mining/Energy : VGLD Visa Gold Exploration Inc.

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To: T A P who wrote (14)11/11/1999 1:21:00 PM
From: lookin forward  Read Replies (1) of 16
 
Tap there are a couple of statements that kind of stand out in that story....(pulling out a map drawn nearly 400 years ago that supposedly marks a legendary shipwreck site a few kilometres from Havana's harbour.) If that map was any good, don't you think they would have found the treasure by now? How long have they been searching?

The treasure is here. All they have to do is find it.

It took Mel Fischer, the doyen of American treasure hunters, 16 years to find the Atocha

scour Cuba's coastline for decades to find it, but was thwarted by a lack of sophisticated technology

Spain has also launched a legal and diplomatic offensive to claim the wrecked Spanish galleons wherever they lie in the world's waters

Some of the ship's contents were retrieved before a second hurricane hit two days later,(how much is some?)

no amount of high-tech equipment can replace months of drudgery and dogmatic perservance trawling Cuba's waters

The details of how the joint venture will reap profit from the treasure are still being haggled over( I thought you said this was settled????)

dreams that one day the company will franchise stretches of its 5,000-sq.-kilometre search territory to other shipwreck chasers ( how long do they think its going to take and why don't they just search the area themselves if it is supposed to be so profitable?)

"failed last year after about three years' exploration"

I really don't know. But it's an incredible adventure."

If this was to boost my confidence...well lets just say I'll probably wait till they find something

R.M.
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