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Old 12-15-2007, 07:27 PM
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Talking Investing in Treasure Hunters!!

This is as different as it can ever get, but it works and both the demand and supply is out there.
Onc can say that the investment carries HUGE risk, but has a potential of paying thousand of % if the hunt of a certain lost vessel or city proves to be true.

BILLIONS of dollars in gold bullion lie beneath the seas. Diamonds, emeralds, priceless artifacts and works of art are lost in sunken ships, and stashed on land in forgotten caverns waiting to be found.

Mel Fisher of Treasure Salvors Inc., which is based in Florida, is regarded as one of the world's most successful salvagers. However years of litigation and regulatory activity have made him reluctant to talk about investing in treasure hunting.

After emphasizing that he is not soliciting funds for such projects, Mr. Fisher explained that there is only a narrow group of people who are suited for the investment: "Most of them would probably be a 'accredited investor,' that is somebody that had in excess of a million in assets - not including their house - or else has in excess of $200,000 a year in income."

He added that treasure hunting, by its "very nature," is "about the wildest speculation you can get into, except the lottery."
Speculative as salvaging may be, sometimes it pays off. Mr. Fisher spent years searching for the Nuestra Seņora de Atocha, a treasure-packed Spanish ship that was part of a fleet caught in a hurricane in 1622, and he eventually found it.

Read more about it here: Treasure Hunting Beckons The Thrill-Seeking Investor - International Herald Tribune
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