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Re: highstreettrader post# 2630

Thursday, 11/09/2023 7:29:20 AM

Thursday, November 09, 2023 7:29:20 AM

Post# of 2748
I think the $20B estimate for the San Jose is ridiculous, but the real issue is working with the Columbian government.

I know a salvor who would go get, but his belief is that as soon as he brought it up they would tell him to take a hike and not pay him. No one trust them, but the rumor is they are going to start salvage soon.

The Merchant Royal is probably the most accurate estimate in that article, in my opinion.

If the RMS Republic is proven to hold $7B, then I will go along with the estimates in the article, but most seem quite inflated. I’m glad they’ll start working on the Republic next year.

We’ll see, but there are some nice finds still out there.