For a more COMPLETE story of how this boat came to the shores of Cadboro Bay, you can read it up here.
Before I even went and saw the boat, I figured it was the same boat that was stranded at Gyro Park all those years ago. But it was indeed a different vessel.
The boat was completely stripped and weather-worn. Kids were playing around it and people were taking photographs that was situated right in front of the playground (which is ironically, also a boat).