Rick Lagina CONFIRMS a $98M Treasure Find at Smith’s Cove

It’s morning at Smith’s Cove. The sea is calm. There’s a slight chill in the air.
And Rick Lagginina stands there speaking nothing. The camera is on. The entire team is silent. And Rick’s face has the same expression one gets when a major truth is about to be revealed. This time it’s not about a small artifact or a few old coins, but about a treasure whose value makes everyone pause.
$98 million.
Rick himself has confirmed that the data, clues, and materials found at Smith’s Cove are different from any previous discovery. This is neither a guess nor a fabricated story. The unusually high gold content, strong metal readings, and layers of soil found underground clearly indicate that this site is not natural. Everything was deliberately concealed. When Rick said, “Now the numbers are making sense.” The team’s faces showed excitement along with fear. The real suspense begins here. Experts believe that what’s been found is likely just the tip of the iceberg. If this structure turns out to be connected to tunnels, flood systems, and locked rooms, the price won’t stop at 90 Edenbe 8 million, but could skyrocket to over $200 million. And remember, this is the same Smith’s Cove where strange clues like flood tunnels and coconut fibers have been found for years. In this video, we’ll decipher Rick’s every word.
Learn how the $98 million figure was arrived at, what evidence shook the entire team, and why this discovery could be the most dangerous next step for Oak Island yet. And if you haven’t subscribed yet, you’ll miss the moment when Oak Island’s biggest truth will be revealed to the world. This isn’t just a video, it could be a history moment.
Rick Lagginina’s confirmation. A clear statement for the first time.
Rick Lagginina has always been very careful with his words. Throughout his journey to Oak Island, he mostly used words like possible, maybe, and we need more proof. But this time at Smith’s Cove, his tone was different. There was no hesitation in his voice. His face held the same serious calm, and his words were straightforward.
When Rick clearly used confirmation, not only the team, but also the onlookers understood that the matter had moved beyond speculation.
Rick didn’t say, “We might find something,” but rather acknowledged that what he had found was real, measurable, and undeniable.
His statement contained less excitement and more seriousness. This is what makes it different from previous statements.
Rick is usually so direct only after the data has been cross-checked multiple times and the truth is firmly established before taking any risks. The word confirmation carries a heavy weight at Oak Island. It means that findings aren’t just visual or emotional, but scientifically and technically verified.
The signals, material samples, and readings found at Smith’s Cove were examined by various experts. Rick’s statement indicates that the team is now past the guessing phase. Rick’s facial expressions spoke volumes. No celebration, no overconfidence.
Only a person who knows that the truth that is emerging could be dangerous and history changing. This is why this confirmation has changed the entire direction of Oak Island as the question is no longer what is it, but how big is it? Where did the $98 million figure come from? The $98 million figure isn’t a throwaway number. This valuation was created by combining several layers.
First, the gold content was examined, which included ground readings and the density of the extracted material. The metallic concentration found in Smith’s Cove is many times higher than that of normal soil. By industry standards, such density often indicates high value deposits. The second largest component is artifacts and historical materials.
If an item on Oak Island is simply old, its value is limited. However, if it is associated with a rare origin, unknown builders, and a sealed system, its value increases exponentially.
The structures at Smith’s Cove fall into this category where age, mystery, and preservation all come together. The third factor is structural value.
Experts believe that the wooden platforms, stone alignments, and flood control systems found there are engineering marvels in themselves.
Rebuilding such underground systems in today’s money would cost millions.
Valuations include the fact that these structures were built not just for support but for protection. Following this, experts also factored in the recovery percentage and risk factor. Not everything can be recovered on Oak Island, but what is recovered has a very high authenticity and rarity. Combining these calculations, a conservative figure of 90 TD dirtylers is considered a safe estimate, not a maximum value.
Most importantly, this valuation is based only on current findings. If this system at Smith’s Cove turns out to be connected to the rest of the island, 98 eastwards may seem like a small figure in the future. Rick and his team are therefore carefully considering every step as the stakes now are not just money, but also credibility and history.
This discovery has once again placed Oak Island at a point where every decision could prove costly. Rick’s confirmation and the 90 by18 m figure make it clear that this discovery is no longer just a part of the show. It has become a documented, calculated, and dangerous reality. One that cannot be ignored.
Ground data that surprised everyone.
When the ground data at Smith’s Cove emerged, the experts themselves were stunned for a few seconds.
Metal density readings were several times higher than normal coastal soil.
Such readings typically occur when there are large amounts of metal or packed structures underground. Rick and the team had seen signals before, but the numbers this time were clearly in a different category. Unusual signals don’t just mean strong readings, but their pattern also matters. The signals at Smith’s Cove weren’t randomly scattered. They appeared in straight lines and layered blocks suggesting a design. Nature doesn’t typically create such symmetry and consistency which is why experts dismissed this as a natural formation.
Soil layers also strengthened the story.
The soil above was distinct while the layer below seemed suddenly compact and processed. In some places, signs of wooden debris and crushed stone were found among the soil, indicating that the land had once been excavated and refilled. These signs are not accidental, but the result of deliberate construction. Experts clearly stated that this data cannot be a coincidence.
Coastal erosion, tides, or natural shifts would create such a pattern. This combination of ground data also matches the rest of Oak Island, deepening the suspicion that Smith’s Cove is not just a single spot, but an important part of the entire system. The long lived mystery of Smith’s Cove.
Smith’s Cove has always been the most frightening and unpredictable part of Oak Island. It was here that the idea of flood tunnels first emerged, complicating the entire treasure hunt.
As soon as excavations were conducted, seawater would suddenly rush in. This was not just a natural leak, but seemed like a planned trap.
The discovery of coconut fiber further deepened this mystery. This fiber wasn’t from North America, yet it was found in large quantities beneath Smith’s Cove.
It was used for filtration, allowing water to enter the tunnels in a controlled manner. This level of engineering is considered extremely advanced for the era, and it continues to baffle experts to this day. The wooden structures were no less astonishing.
Thick oak planks, carefully placed platforms, and support beams were found, as if designed for long-term protection.
These don’t appear to be temporary constructions, but rather built to last for decades or centuries.
This is why Smith’s Cove has always been considered a high-risk zone. The most dangerous thing about this place is that every clue leads to a new danger. Flood tunnels can collapse. Soil can suddenly slide and water pressure can change everything at any moment. Every step on Smith’s Cove is fraught with peril. And perhaps that’s why it’s considered Oak Island’s most guarded and dangerous spot. Is this just the top layer? Given what has been uncovered at Smith’s Cove so far, the biggest question that arises is whether this is just the top layer.
Experts call this the top layer theory, meaning that what we see isn’t the whole story, but only the beginning. In Oak Island’s history, there have been many instances where a small discovery was made, only to be followed by a much larger system underneath. To put it simply, the top layer theory is like finding the roof of an old house, but the actual room remains closed below.
The structures, wood layers, and metal signals found at Smith’s Cove suggest that someone deliberately built a protective layer on top. This may have been intended to protect the objects hidden beneath from time, water, and humans. Experts also believe this is the top layer because the density readings become stronger as they descend.
Normally, if there were only one layer, the signals would gradually weaken.
Here, the opposite is happening. As the depth increases, the readings become more organized and intense, indicating the presence of a larger structure. This is why the team is taking every step very carefully. If this is just the top layer, there could be something deeper beneath that will be difficult to uncover. The risk of collapse, flooding, and permanent damage looms large over every decision.
And this uncertainty has exacerbated the tension on Oak Island. Tunnel and flood system connection theory. The tunnel and flood system theory is one of the oldest and most dangerous theories about Oak Island. It is believed that Smith’s Cove was not just an entry point, but the control center for a network beneath the entire island. The flood tunnels were not only meant to bring in water, but also to prevent anyone from digging in the wrong place. Experts believe that these tunnels may be connected to different parts of the island. As soon as someone dug the wrong shaft, the water would automatically activate and close the way to the bottom. The seawater flowing from Smith’s Cove was this system’s biggest weapon, and it was deliberately used. The real purpose of flood traps wasn’t to hide the treasure, but to make it untouchable.
If someone tried to reach the bottom without proper knowledge, the water, pressure, and soil would combine to stop them. This system appears to be so cleverly designed that it continues to baffle researchers even centuries later.
Understanding this network is difficult even with today’s modern tools. Drilling can change the water’s path and direct entry can cause the entire structure to collapse. This is why the tunnel theory of Smith’s Cove isn’t just a story, but a living risk. One that seems more real with each new discovery. How could evaluation jump from 90 E8 m to 200 m and plus? Experts consider the current $98 million valuation a conservative estimate. This means it’s based only on what has been confirmed so far. However, if the Smith’s Cove structure turns out to be connected to the rest of Oak Island’s tunnel system, the entire picture could change. A connected system means more material, more artifacts, and greater historical significance.
In the industry, valuations aren’t determined solely by weight. Context matters. If isolated gold is found, its value is different. But if the same gold turns out to be part of a sealed underground system that has been deliberately protected for centuries, its value increases exponentially.
The Smith’s Cove case appears to fall into this category. Experts are also considering how rare the structures are.
If flood control systems, engineered tunnels, and wooden platforms prove to be a connected network, they won’t just be treasures. They will become a worldclass archaeological site. In the industry, the valuation of such sites is much higher than raw gold.
Realistically, the valuation of underground treasure systems discovered around the world has always increased two to three times the initial estimate.
Oak Island poses high risk and complexity, but the rewards can be equally large. This is why experts don’t consider the jump from 98 m to 200 Matt ribb plus unrealistic.
Rick versus Risk. The biggest emotional conflict for Rick Lagginina. This isn’t just a treasure hunt. It’s an emotional journey that has been ongoing for years. But the discovery of Smith’s Cove has brought Rick to a juncture where every decision can be costly. Moving forward means getting closer to the truth, but stopping means choosing safety. Rick knows full well that Oak Island is unforgiving.
Flood tunnels, unstable soil, and unknown pressures pose dangers at every step. One wrong drilling or direct entry could permanently damage the entire structure.
Rick’s fear isn’t that he won’t find the treasure, but that the truth might be lost forever. On the other hand, there’s a hunger for truth. Rick knows that if he backs out now, he might never get another chance. This discovery has become Oak Island’s most solid lead. The tension on Rick’s face tells the story of this conflict. to move forward or to stop. This battle of safety versus truth has become personal for Rick. This decision isn’t just about engineering, but about conscience. Rick must decide whether to risk history and reveal it or choose safety and leave another secret buried underground.
This conflict is what makes this entire story so real and powerful. The team’s reactions captured by the cameras at Smith’s Cove when new readings and confirmations emerged. The most telling thing wasn’t the words, but the faces of the team.
The cameras were rolling, but no one was rushing to speak. Some stared at the ground, some looked at each other silently, and some had a slight smile, concealing both excitement and fear.
Such silence usually occurs when people realize the scale of the matter is significant. Excitement was palpable, but it wasn’t childish joy. It was the kind of excitement that also carried a sense of responsibility. The team knew that what was unfolding could become Oak Island’s most serious discovery. Some faces widened as if their minds were calculating. The cameras captured the moment when everyone simultaneously realized that things were not going to return to normal. The fear was equally palpable. Flood tunnels, collapse risk, and unknown depths were on everyone’s mind. No one mentioned fear directly, but body language spoke volumes. Lighter steps, slower voices, and more cautious movements indicated the team was going through an emotionally heavy moment.
This fear wasn’t of failure, but of responsibility.
That’s why reactions become proof in themselves. When trained people who have been working on Oak Island for years react without speaking, it’s not scripted. It’s a raw response. The silence and tension captured on camera signaled that what lay before them wasn’t just theory, but a serious reality that could no longer be ignored.
Was this intentionally hidden? Whenever a major discovery occurs on Oak Island, a question automatically arises. Was this all accidental, or did someone deliberately conceal it?
In the case of Smith’s Cove, this question has become even stronger. The design of the flood tunnels, the use of coconut fiber, and the placement of wooden structures do not appear to be a natural process. The soft conspiracy angle begins here. There’s no need to make direct accusations as the facts themselves raise questions. If this was simply erosion or random construction, why would so much planning be required?
Coconut fiber isn’t naturally found in North America. So why was it used in such large quantities in the filtration system? A logical question is why the flood traps are so precise. Water is activated as soon as digging is done in the wrong place. But in some areas, the system remains calm. This could mean that proper knowledge was required to use the system.
This appears to be a controlled mechanism thoughtfully designed rather than a random defense. Most importantly, the complexity of Smith’s Cove is becoming clearer over time. The more data comes to light, the stronger the idea that this was not accidental. A soft conspiracy doesn’t mean blaming any one group, but rather understanding that whoever built this was doing so with the future in mind. This question is what makes Oak Island unique. If it was deliberately hidden, the reason couldn’t have been simply treasure. It could have been knowledge, documents, or a truth that shouldn’t have come out at the time. There’s still no direct answer, but the logical question is now difficult to ignore. And perhaps this is Oak Island’s most dangerous truth.
The danger of rewriting history.
The story of Oak Island isn’t limited to gold or money. Its greatest threat lies in its connection to history. If concrete evidence emerges from the structures, tunnels, and artifacts found at Smith’s Cove, many established theories could be shaken. Explorers timelines, stories of early settlements, and understandings of the Atlantic world could be altered. This is why this is being called not just a treasure hunt, but a history challenging discovery.
Imagine if it’s proven that advanced engineering existed on Oak Island centuries ago, many dates in textbooks will be proven wrong. Questions will arise as to who possessed such technology and why it was kept from records. The roots explorers have called first discovery were likely already in use. In such a situation, rewriting history would become not just an option, but a compulsion.
Oak Island is unique because every piece of evidence here connects to a larger narrative. Coconut fiber, flood systems, and precision engineering all indicate that the people who arrived here were no mere temporary visitors. If proof is found, new research will be required on Atlantic trade, exploration routes, and early global connections. This change will not be limited to just one country, but will impact the history of the entire world. This is the real fear of rewriting history. Treasure can be retrieved, but changing history is not easy. Oak Island is therefore sensitive because the truth found here could shatter many comfort zones. Perhaps this is why with every discovery, excitement and caution also increase because the stakes here are not just money but truth.
Government permissions and delays.
As the discoveries on Oak Island grow larger, the process of permissions and approvals also slows. The same was seen at Smith’s Cove. Sudden pauses, extra inspections, and increased paperwork became frustrating for the team. These delays often occur when findings are no longer merely local, but become linked to national interest. Government approvals are intended for safety and preservation. But the timing raises questions. As soon as a major clue emerges, the pace of work slows. Rick and the team are often forced to wait even as weather and ground conditions go against them. These pauses destroy not only time but also momentum. There’s a practical reason for every major discovery to be interrupted. Authorities don’t want any irreversible damage. The risk of flood tunnels, collapses, and historical loss is real. But the question arises, is every delay simply for safety, or is it sometimes a matter of sensitivity?
Oak Island’s history is so steeped in history that extra caution is exercised at every step. These delays have added another layer to the Oak Island story.
The treasure lies underground, but the process is complicated above ground.
This tension makes the story even more intense. Rick and the team have to contend not only with the ground, but also with systems and approvals. And perhaps this shows that Oak Island is not just about excavation, but also about patience and persistence. What will be the most dangerous next step? At Smith’s Cove, the team now faces only three options: drilling, attempting direct entry, or waiting. These options sound simple, but each option on Oak Island carries significant risks.
Drilling is considered the most controlled method, but it has activated the flood system several times. A slight mistake and water could flood the entire site. Direct entry is the most tempting option because it offers a quick response, but it is also the most dangerous. Ground stability, unknown cavities, and pressure points are difficult to assess. If a sealed chamber is opened without planning, the entire structure could collapse. Such moments have been witnessed before in Oak Island’s history. Waiting seems the safest option, but it also holds danger.
Weather changes, tides shift, and natural erosion alters the site slightly every day.
Waiting too long means the risk of losing data. On Oak Island, opportunities have slipped away many times because the right time has passed.
Therefore, waiting is itself a risky decision. This is why it’s difficult for the team to choose the most dangerous step. Every option carries the risk of losing something. The question isn’t which path is perfect, but which path can cause the least damage. Rick and the team are caught in this dilemma. What could be lost if it goes wrong? A failure on Oak Island isn’t just an experiment. Its impact could be permanent. The biggest risk is collapse.
If one wrong move is made, a centuries old structure could be buried forever.
The truth that remains could be buried beneath the soil in an instant. Flooding is another major fear.
Smith’s Cove’s flood system is considered extremely sensitive. A slight pressure imbalance could cause seawater to enter through the tunnels. If this happens, not only will excavation be halted, but many clues could become forever unreachable.
Oak Island’s history is filled with such setbacks. The fear of losing everything isn’t limited to physical loss.
Time, resources, and credibility are also at stake. Years of hard work, millions of investments, and a team’s reputation can be put into question by one wrong decision. This pressure makes every step more difficult. The price of failure has always been high on Oak Island. Here, a mistake means no chance to try again. That’s why Rick and the team rethink every move. Because on Oak Island, sometimes the biggest loss isn’t what’s visible, but what’s lost forever.
What has emerged so far at Smith’s Cove has given the Oak Island story a completely new twist. The data is speaking. The structures are making their presence felt. And Rick Lagginina’s silence has become a message in itself. But the most important thing is that what is visible may be only a small part of the whole story. The real answer still lies beneath the ground.
Every new signal raises a new question.
Does this system extend beneath the entire island? Is Smith’s Cove just the entry point? And if this is true, what is hidden beneath, protected with so much effort and planning? These are questions that once ingrained in our minds are hard to shake. Rick and the team are now at a crossroads where every step could make history or bury it forever.
The next decision will determine whether Oak Island’s secret will be revealed to the world or remain just another legend.
The risk is great, but the truth is perhaps even greater. What lies beneath Joe Smith’s Cove may not just be a $98 million treasure. It may be Oak Island’s greatest truth. And remember, if you haven’t subscribed yet, you’ll miss the moment this truth is revealed to the world for the first time. This isn’t just the end of a video. It’s perhaps the biggest turning point in the Oak Island