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No photographs exist of the stone, nor any documentation of where it might ever have physically been.
The transcribed markings are in a simple substitution cipher using symbols borrowed from common Freemasonry, and they do indeed decode as "Forty feet below, two million pounds lie buried", in plain English.
The three boys dug for days, and just when they were about to give up, they came to a solid platform of logs.
There was nothing under the logs, but it fired the boys up: There was no longer any question of whether something had been buried here.
The region is primarily limestone and anhydrite, the conditions in which natural caves are usually formed.
Their most important find was a stone tablet at 90 feet, inscribed with weird symbols, translated to mean "40 feet below, two millions pounds lie buried." Encouraged, they continued their dig, but got no further: Just below the tablet they struck a side tunnel, open to the sea, which immediately flooded the pit. To make a very long story short, many companies and investor groups have taken over the island and launched major digging efforts, costing millions of dollars and the lives of six men killed in various accidents.Some accounts of Oak Island have said that coconut fibers were found in large quantities buried beneath the beach, though this has never been evidenced.A 1970 analysis by the National Research Council of Canada did identify three of four samples submitted as being coconut fiber.In 1965 a causeway was built to the island to deliver a great 70-ton digging crane which excavated the Money Pit to a depth of 134 feet and a width of 100 feet.In 1971, workers sunk a steel caisson all the way down, finally striking bedrock at 235 feet.
This mysterious treasure pit on a Nova Scotia island has a fascinating natural explanation.