comments powered by Disqus
Michigan Group purchases another Oak Island lotby Adam Jacobs
WESTERN SHORE - The majority owners of Oak Island have purchased another lot to add to their property count.
In 2006, the Michigan Group, consisting of Rick Lagina, Craig Tester, Marty Lagina and Alan Kostrzewa, purchased the lots once owned by Dan Blankenship's longtime partner, David Tobias.
The sale meant between them the Michigan Group and Mr. Blankenship owned roughly 80 per cent of the island.
With the purchase of another lot, that percentage has grown.
The purchase was announced on the Friends of Oak Island's website earlier this week.
"In keeping with our promise to release as much information as possible as regards the search for answers about Oak Island we would like to inform you that we have purchased Lot 14 from Erin Cogan," said Rick Lagina in an on-line post. "The sale of said lot has closed. This will permit a more secure access to the eastern end of the island as the discovery process moves forward. We had very amicable discussions with Mr. [Fred] Nolan about access through the gated roadway and he has been very co-operative. We look forward to a very exciting year. We will continue to keep you informed."
This begins a much more promising year for Oak Island. Last year proved to be one of the more challenging to the island since the Michigan Group first came on board.
The island was infested by the spruce bark beetle which forced the burning of 1.2 hectares of land, which in turn required the assistance of local fire departments.
Last year also went by without much treasure hunting. For the second straight year the group was unable to dig after the temporary licence it was operating under expired. A temporary licence was again issued in July, buy only for the remainder of the year.
It wasn't until November when the government introduced the new Oak Island Act that treasure hunting could resume unabated.
posted on 03/22/11
Lifestyle | Comment | Young Readers
Social Notes | Letters | Features
Arts and Entertainment
In Brief | Court Report
Classifieds | Milestones