 It stated that the remains of HMS "Fowey" were an archaeological site, not a ship in terms of Admiralty salvage; that the site was in no peril and did not need rescuing by the salvor; and that the site is public property and a part of the United States' heritage which ought to be managed in the best interests of the public rather than privately salvaged and sold for profit.In the twenty five years since the wreck was identified, HMS "Fowey" has been broadly studied in the surviving documentary records of the United States, Canada, and Great Britain and has been the subject of three National Park Service field projects.The largest and best documented of these was conducted in 1983.