Home > Boards > Free Zone > Industry Specific > SILVER (Ag) PRODUCERS
Followed By 864
Posts 92526
Boards Moderated 63
Alias Born 11/22/2003

Saturday, May 19, 2007 12:05:30 AM

Re: NYBob post# 497

Post# of 912
Record wreck 'found off Cornwall' -

http://news.bbc.co.uk/2/hi/uk_news/england/cornwall/6671975.stm

A record haul of half a million silver and gold coins from a 17th Century shipwreck may have been found just 40 miles from Land's End, an expert said.

US treasure hunters said the coins, worth an estimated $500m (£253m), were recovered in the Atlantic Ocean.

But Odyssey Marine Exploration, who described it as the largest find of its kind, refused to pinpoint the location.

US coin expert Dr Lane Brunner said there was evidence the shipwreck was lying off the Cornish coast.

So all we can do is add two and two together
Dr Lane Brunner

Dr Brunner, from the American Numismatic Association, told Five Live there were clues about the location in a statement given to a US federal court in the autumn.

"They told a judge at that point that they had found the wreck of a seventeenth-century merchant ship in the Atlantic Ocean, just outside the English Channel - about 40 miles off Lands' End.

"So all we can do is add two and two together. It would seem logical given the timing and everything that could be the site."

In 1641, an English ship called the Merchant Royal sank off the Scilly Islands, laden with bullion from Mexico. There is speculation that this is the wreck salvaged by Odyssey.

'Dazzling specimens'

Odyssey said it had kept the location secret because of security and legal reasons.

"The gold coins are almost all dazzling mint state specimens," Odyssey co-founder Greg Stemm said.

The artefacts, including more than 17 tonnes of silver coins plus a few hundred gold coins, have been shipped to the US and are being examined by experts at an undisclosed location.

The mammoth haul was salvaged using a tethered underwater robot.

Odyssey, which used the code name Black Swan, said it expected the wreck to become one of the "most publicised in history".

It said the site was of huge historical importance because of the insight it would offer into seafaring and the social life of the period when the ship sank.

"Our research suggests that there were a number of colonial period shipwrecks that were lost in the area where this site is located, so we are being very cautious about speculating as to the possible identity of the shipwreck," said John Morris, Odyssey's co-founder.

"We have treated this site with kid gloves and the archaeological work done by our team out there is unsurpassed.

"We are thoroughly documenting and recording the site, which we believe will have immense historical significance," he said.


http://news.bbc.co.uk/2/hi/uk_news/england/cornwall/6671975.stm

http://www.investorshub.com/boards/board.asp?board_id=5406

http://www.investorshub.com/boards/read_msg.asp?message_id=19782930

Green Battery Minerals Receives Assays from Drilling into Graphite Outcrops on Zone 1. Intersecting 19.5 metres of 35.52% Grade Graphite and 51.20 meters of 22.61% Grade Graphite. CZSVF Aug 12, 2022 6:07 PM

Alliance Creative Group (ACGX) Reports Revenue of $2,974,489 for Second Quarter of 2022 ACGX Aug 12, 2022 12:40 PM

Progressive Care Reports Second Quarter 2022 Results Highlighted by 4% Growth to $10.0 Million in Revenue RXMD Aug 12, 2022 10:21 AM

PJET Bullish Investment Message Garners New Investment Interest PJET Aug 12, 2022 9:53 AM

VAYK Real Estate Fintech Strategy Builds Momentum and Explores Stock Buyback VAYK Aug 12, 2022 9:46 AM

Branded Legacy, Inc. Eliminates Over 430 Thousand In Debt In 2022 BLEG Aug 12, 2022 9:15 AM

InnerScope Hearing Technologies (OTC: INND) Reports Record Revenues for a Profitable Q2 2022 INND Aug 12, 2022 8:00 AM

Pro Music Rights, Inc., one of the world's largest music licensing companies, announces that it intends to Release its Financials by August 19, 2022 NUVG Aug 11, 2022 11:11 AM

AXTG Partner with Save Planet Earth to digitize and plant 100 million trees with NFTs AXTG Aug 11, 2022 10:15 AM

PURA Announces New Development Expanding Cannabis Market Opportunity PURA Aug 11, 2022 9:34 AM

Pasithea Therapeutics Announces Results of Preclinical Study Demonstrating Tolerizing Vaccine Efficacy in Relapsing-Remitting Model of Multiple Sclerosis KTTA Aug 11, 2022 8:35 AM

SinglePoint Acquires Frontline Power Solutions, a Multi-State Licensed Energy Services Company SING Aug 11, 2022 8:30 AM

Pacific Booker Minerals Inc. Announces AGM Results and Project Update PBMLF Aug 11, 2022 7:30 AM

GALILEO ANNOUNCES THE START OF REVENUE GENERATION AND ITS EXPANSION PLAN. MDRM Aug 10, 2022 3:23 PM

ResGreen Powers Up - Introduces Wireless Battery Charging for its Fleet of Mobile Robots RGGI Aug 10, 2022 10:53 AM