Coming off the heels of my most recent stock profile (BTLN) which soared approximately 253% intraday, you need to get ready to research your next pick.
There’s more than one way to find riches.
Just how much treasure is at the bottom of the ocean? To get the answer, one first needs to know how many shipwrecks there are in the world.
James Delgado, director of the Maritime Heritage Program at the National Oceanic and Atmospheric Administration (NOAA), estimates that there are at least 1 million.
Many believe the figure to be close to 3 million. This may sound like too-high a figure, but as Mr. Delgado put it: “…70 percent of the planet’s surface is water, and humans have only begun to be able to reach the depths.
Considering this, 95 percent of the ocean still remains unknown to us. It’s the last frontier. We know more about the surface of the moon than what’s at the bottom of the sea.”
So, with 1 million shipwrecks lost to the depths (for now), it’s not hard to imagine how big the tally of all that sunken loot is.
Take the 2015 discovery of the San Jose, a Spanish galleon that sank off the coast of Columbia in 1708, for example. While ownership is currently in dispute, this is for good reason: it is believed to have been carrying 11 million gold coins and jewels from then Spanish colonies—worth as much as $10 billion today.
If just a decent portion of the world’s 1 million+ wrecks had a mere fraction of the contents found within the San Jose, just a single find by a company like Treasure & Shipwreck Recovery, Inc.(BLIS) would produce huge profits.
Here is a quick recap of our recent big movers.
StockStreetWire's Most Recent Stock Profiles Below
Approximately 5,502% Combined Intraday Gains
12/12 BTLN ran up approx. 253% intraday from $.065 to a high of $.23
12/5 VMHG ran up approx. 150% intraday from $.02 to a high of $.05
11/7 AEPT ran up approx. 300% intraday from $.0045 to a high of $.018
10/31 FULO ran up approx. 341% intraday from $.06 to a high of $.265
10/21 ITRK ran up approx. 600% intraday from $.01 to a high of $.07
10/18 SNWR ran up approx. 600% intraday from $.01 to a high of $.07
10/10 CLTH ran up approx. 887.5% intraday from $.008 to a high of $.079
10/7 ESYL ran up approx. 1,900% intraday from $.0045 to a high of $.09
10/4 BEGI ran up approx. 471% intraday from $.07 to a high of $.40
Note: The gains above were from the lows to the highs. prices have since changed.
Treasure & Shipwreck Recovery, Inc. (Ticker Symbol:BLIS) conducts shipwreck and treasure recovery from shallow shipwreck finds in the Caribbean and North America. We are beginning first expeditions around Florida, and primary sites of Cape Romain, South Carolina and targeted Caribbean sites. Our business plan and current capabilities uses certain exploration, survey and recovery techniques using innovative methods and state-of-the-art technology to provide access to known wreck site areas. Our core focus is the discovery and recovery of valuable artifacts and treasure from researched sites and shipwrecks.
We intend to expand into media projects for other matters in games, television and sales of artifacts using our web development methods and expertise. We have our own and partnered vessels to use on our multiple shipwreck sites. Currently we are operating under the supervision of world-renowned marine historian and archaeologist, Dr. E. Lee Spence.
More About Dr. E. Lee Spence From Treasure & Shipwreck Recovery, Inc.
Spurred on by childhood tales of pirates and adventure, Dr. E. Lee Spence, built his own diving gear and found his first shipwrecks the year he was twelve. That was 1959-1960. He has since found hundreds more wrecks and has worked on everything from Spanish galleons and pirate ships to Civil War blockade runners and twentieth century freighters. He remembers the exciting dreams of his youth and is still making them come true.
One of those dreams was eating off the dinner plates and drinking wine recovered from the shipwrecks. Another was finding gold and silver coins, cannons and swords. He has lived all of those and lots more.
Vice magazine described Spence as “a pioneer in the field of underwater archaeology, a world-renowned treasure hunter, and just about as close to an actual living, breathing Nathan Drake (in the Uncharted gaming series) as you’re ever going to find.” Some think he is the “real Dirk Pitt” (the protagonist of the Clive Cussler novels), while others refer to him as the “Indiana Jones of the Sea.”
Somewhere in the waters off the Florida coast, an estimated $250 million in silver bars and coins is waiting for Dr. E. Lee Spence & the Treasure & Shipwreck Recovery, Inc. team.
An Ocean Of Lost Ships Could Potentially Bring Huge Revenue To BLIS
Unesco estimates that there are over 3 million shipwrecks on ocean floors world-wide. It’s difficult to know what they might all be worth given the range of available historical information, differing opinions of items’ historical and financial value, and the likelihood that many are unsalvageable or largely unentertaining.
A 2012 Popular Mechanics article published a range of theoretical values — from “unknowable” on one end to perhaps $60 billion on the other.
Still, the Caribbean and U.S. coasts are hot spots for treasure seekers, largely because their popularity with the Spanish fleets of several hundred years ago: Spain was among the few global powers hundreds of years able to ship silver and gold back from the New World.
When a shipwreck is located in U.S. waters, the finder needs to file an admiralty claim and secure rights to search the area. The U.S. Abandoned Shipwrecks Act was passed in 1987 to protect wrecks from treasure hunters and salvagers by transferring titles to state waters.
Globally, “governments are becoming more aggressive about going after their share of the booty,” said Ted Shinkle, who specializes in maritime law at GrayRobinson, in Melbourne, Fla. “That, in turn, has caused salvage companies to target wrecks beyond jurisdictional waters. They have a lot better chance of claiming on the high seas.”
Even in international waters, found treasure must be reported and there is always a chance that the country of origin will stake a claim. Some $500 million in gold and silver coins found off the coast of Portugal in the wreck of Nuestra Señora de las Mercedes by American salvage company Odyssey Marine Exploration in 2012 was returned to Spain after years of litigation.
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