Did a Sawpit start the Legend?

OK 3 more things.
The investors of the Onslow company Crow mentioned:
Col Richard Archibald
David Archibald
Sheriff Thomas Harris

THEY do not have ties to the land sales
of OI. Sorry about that miscommunication

So ...

3 investor types, their ears prick up by the OI story. Must have made a trip to OI, looked in the pit and SAW SOMETHING, something that made them think "there might be a treasure there".

Investor types don't make money by stupid investments.

What is known about these three,(besides not owning any lots on OI)?
 

"Just one more thing...."
Where did the sawdust go?
Was there a market for that in say 1760-1780?
How long does it take for sawdust to decompose to where it's unrecognizable as such?

OK - three things.
Armchair

Good questions. First saw dust has many uses. Personally to do not think there was great market for saw dust in that period. Yet hardy settlers would found uses for it.

As fire starter, bedding for animals in barns during the harsh winters. Second while we never how many trees was cut down previously on oak island there probably would not of been huge industrialized amounts of saw dust to deal with. Much of dust decomposed at site. if given the claim that new trees had almost full grown gives you an indication of time.

Interest enough there was claims of layers putty like substance perhaps it was decomposing fine wood dust.

Crow
 

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