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" At 126 feet, wood was struck and then iron. This material is probably part of the material that fell during the crash of the Pit. On other drillings the wood was encountered at 122 feet and the iron was missed completely indicating that the material may be laying in a haphazard way due to the fall.
Between 130 and 151 feet and also between 160 and 171 feet a blue clay was found which consisted of clay, sand, and water. This clay can be used to form a watertight seal and is probably the same "putty"; that was found at the 50 foot level of the Pit.
The major find was in the gap between the putty layers. A cement vault was discovered. The vault itself was 7 feet high with 7 inch thick walls. Inside the vault the drill first struck wood, then a void several inches high and an unknown substance. Next a layer of soft metal was reached, then almost 3 feet of metal pieces, and then more soft metal.
When the drill was brought back up another twist was added to the whole mystery. Attached to the auger was a small piece of sheepskin parchment with the letters "vi"; "ui"; or "wi"; What the parchment is a part of is still in question.
More convinced than ever that a great treasure was beneath the island, The Treasure Company began sinking more shafts in the attempts to get to the cement vault. They all met with failure due to flooding."
Well I might agree with you but this has been going on for over 100 years and companies have sunk thousands into the project. I don't think they would invest huge amounts of money into the project unless they forsaw a return on their investments.
and what have they found so far that was worth the expense
N - O - T - H - I - N - G
But...BUT, why (or how) would anyone bury layers of logs every 10 feet for hundred(s) of feet, layers of cement, layers of putty and brush? The elaborate flood trap for looters.
Murduk. I would suggest you read a little more about this before you dismiss it so lightly. A lot of intelligent people have put money into this project, not after just reading one web page. People alot more intelligent than you or me. Dont be so quick to write it off without reading ALL the facts.
These forums are for topics that are on the fringe of the mainstream beliefs, if not completely over the edge of it.