% | $
Quotes you view appear here for quick access.

Odyssey Marine Exploration Inc. Message Board

  • bsilmog bsilmog Jun 3, 2012 10:10 AM Flag

    UK Times article on HMS Victory

    There's an article in today's UK Times titled 'Blunder lets looters pounce on HMS Victory'. It says that at least 2 and possibly as many as 6 bronze guns were illicitly taken from the site. Odyssey apparently published a report that details the damage done to the site and blames English Heritage for publishing the wreck's co-ordinates. It cites Lord Lingfield's comments that the shipwreck must be excavated now to prevent further damage and interestingly, it says that the MHF hopes to hold an exhibition of the items recovered so far!

    The bottom line is that this seems like a perfect development for Odyssey in silencing the critics and allowing the company to move forward with the excavation without resistance. For those shorts who have been hoping that the momentum would swing against Odyssey and that the excavation would be stalled, this is a big blow. Although it's unfortunate that a few cannons were looted from the site and that it had to suffer some damage, I view this as a big positive development for accelerating the excavation of one of the most valuable shipwreck projects in the world.

    With the Seabed Worker on the move, the momentum on the Victory growing, and gold and silver moving higher on expectations of more money printing the potential reward this summer is getting very exciting for this little shipwreck company.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
2.10+0.09(+4.48%)Jun 29 4:00 PMEDT