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Thread: The Money Pit Of Oak Island

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    Default The Money Pit Of Oak Island

    FOR OVER 200 years, treasure seekers have been digging into this wooded island to find out what -- if anything -- lies buried in its reputed underground workings known as the "Money Pit." Theories range from vast riches deposited by Spanish conquistadors to the lost treasure of the Knights Templar.Oak Island is a 140-acre island in Lunenburg County on the south shore of Nova Scotia, Canada. The tree-covered island is one of about 360 small islands in Mahone Bay and rises to a maximum of 35 feet above sea level.
    Oak Island is noted as the location of the so-called Money Pit, a site of numerous excavations to recover treasure believed by many to be buried there. The island is privately owned, and advance permission is required for any visitation. Several documented treasure recovery attempts have found layers of apparently man-made artifacts as deep as 31 meters, but ended in collapsed excavations and flooding.The Money Pit tale dates back to 1795, when a local youth is said to have stumbled on an unusual depression at the foot of a large tree. When he and two friends dug into the soil, they found what appeared to be a shaft with wood platforms at 10-foot intervals.

    They gave up after 30 feet, but years later joined a consortium of Nova Scotia businessmen to resume excavating. That group encountered more evidence of wood platforms, as well as layers of charcoal, putty and a brown material later identified as fiber from coconut husks. At 90 feet, they are said to have found a flat stone inscribed with unfamiliar symbols, and at 98 feet, a hard surface that some took to be the top of a chest. They stopped digging because of nightfall, but by the time they returned in the morning, the shaft had flooded with 60 feet of water. Oak Island buffs believe the excavators had discovered a booby trap engineered into the shaft through a flood tunnel connected to a nearby cove. Many also surmise that the intricate underground network must have been designed to contain buried treasure. Early theories about the likely depositor focused on Capt. William Kidd or other reputed pirates of the late 17th century; more recently, researchers have theorized about the possibility of riches from a storm-tossed Spanish galleon. Mr. Blankenship argues that whoever constructed the shaft needed extensive mining technology, manpower and loot, and "only the Spanish qualify."




    What do you all think of this?

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    I think it sounds like a sinkhole.

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    Thats what critics say but they have found artifacts and obviously man made wooden planks.

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    Whats everybody doing here?!?Common there's Treasure to be found!!!

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    The article states that only the Spanish could have built the sinkhole, but that stone appears to be in Norse.

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    Quote Originally Posted by rich86 View Post


    The article states that only the Spanish could have built the sinkhole, but that stone appears to be in Norse.
    The people who say only the Spanish could have built it are morons.. Any group of people that were intelligent and had $$ could have made it, a lot of people think that the Knights Templar could have.. I don't think that it's man made because of the flooding system that they have shown to be real, and the wooden planks/artifacts that show up when people dig an exact amount of feet. Who ever did it was either incredibly bored and decided to build something that took an ungodly amount of time and effort to make, or it was made by people who wanted to bury a treasure and made it to where it would be practically impossible to retrieve.

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    Quote Originally Posted by brsgirl10 View Post
    Who ever did it was either incredibly bored and decided to build something that took an ungodly amount of time and effort to make, or it was made by people who wanted to bury a treasure and made it to where it would be practically impossible to retrieve.
    The charts of the pit I've seen, is they just dug a hole down to below sea level, and made a connecting tunnel which they blocked in, but set the booby trap so someone blinding digging directly down would break the seal and let sea water come in and flood the pit. If the original creators of the pit came back, they would simply dig down and around the seal and retrieve the treasure, but to do that, you'd have to know where this place was (and that it existed in the first place).

    Probably you'd have to strip mine the entire island to get at whatever is/was down there, it's also possible that whatever was down there has since been destroyed by previous attempts to dig down at it and/or natural corrosion. For all we know, the Holy Grail met an ignominious end by being shredded by a 19th century drill.

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    Typical treasure-hunting story. It's probably left over from the Vinland settlements. As for the flooding, what do you expect would happen when you start digging on a tiny island?

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    Quote Originally Posted by rich86 View Post


    The article states that only the Spanish could have built the sinkhole, but that stone appears to be in Norse.
    It's definitely not Norse or any type of Runes. In fact, it looks like an alphabetic substitution cypher with geometric shapes.


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    Quote Originally Posted by Максим View Post

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    Whats everybody doing here?!?Common there's Treasure to be found!!!


    I grew up neat there.

    Locals believe there is a curse on it that 7 people have to diet before the treasure can be found.

    Only 6 have so far.

    And now some rich dude has pretty much dug up the whole islands with a backhoe and still hasn't found anything.

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