The dragon statue at Dragon Cove conceals a large mallet. Stand on it and it will slowly sink to reveal the mallet. Push the old man to the right, next to the first barrel. Use the mallet to strike the gong.
dragon cove by far
The shipbuilders are on Dragon Cove.
You buy the ships on Dragon Cove Island with the Chinese people.
First, you move the fisherman. Then, you go in the water, jump on the dragon's head, get the mallet and ring the bell. The man will catch the fish and the map will be in it's mouth.
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go to the dragon cove and go all the way to the right
Dragon Cove. To get the mallet stand on it's head.
The shipbuilder (Ship Shape Shipbuilders) is just to the right of the Trading Post.
When you have enough doubloons, from salvage or trade, you can buy a larger ship at the Shipbuilder on Dragon Cove.
The trading posts, are on each port such as dragon port , the parrot port etc.
Sink the statue in the water at Dragon Cove by standing on it. The tail will rise and you can get the Mallet from it. (Move the old man to the right, near the first barrel, then use the mallet to ring the gong.)
Keep trading in a clockwise path until you have 3000 doubloons. Then go to Dragon Cove and buy a Jimmy Rigger.