Tuesday, July 5th, 2005

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Event

1:39p

Aye Matey, there's treasure here, somewhere For sale: One 'treasure island' Last updated Jul 5 2005 09:00 AM ADT CBC News Oak Island, rumoured for two centuries as the home of a hidden treasure, is being offered for sale to the provincial government. The two estranged business partners who own most of the island, off Nova Scotia's South Shore, are giving up their hunt for the buried treasure and are asking $7 million for the property. Everything from the Holy Grail to Captain Kidd's pirate treasure has been said to be hidden on Oak Island, but 200 years of searching has failed to yield anything of value. CBC ARCHIVES: Oak Island A court appointed liquidator hopes to wind up the business known as Oak Island Tours at the end of August. At that time, the island can change hands, provided that the two partners and the court approve the sale. The Oak Island Tourism Society calls this a once-in-a-lifetime opportunity for the province to buy the island and open it up to visitors. The group has the support of the newly elected MLA for the area, Judy Streatch. "As I've been out on the campaign trail and speaking with people, the interest is there. It's a phenomenal piece of property," she said. Streatch said she has a call in to Tourism Minister Rodney MacDonald to see if the department would be interested in developing the island. OFFICIAL SITE: Oak Island Tourism Society Current Mood: cheerful (1 Comment | Comment on this)

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