Hello,
What are they singing at around 3:22?
http://www.youtube.com/watch?v=c2KT2ie4tWU
"Enjoy the time must we,
That song will keep with sea,
To find the golden treasure,
Hosanna, hide your being."
(Of course, the last line can't be right.
The song is repeated at 04:46, possibly with variations.)
Also need to check these phrases:
00:49
Which of ye, scurvy pirates, crave a ration of swashbuckler o'er the briny seas?
01:22
Time was I had a heap of gold that was mine by right.
But I was hornswoggled by one Captain Hog.
02:16
Be the black galleon fast and the wind at our backs. Win away!
02:29
All there!
(not "Hold there!")