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Sunday, May 01, 2011 12:58:55 AM
From the PR:
Preliminary investigations indicate that at least one of the ships located is believed to be a Manila Galleon that was outbound from Manila to Acapulco, Mexico.
The second wreck is believed to be an inbound Manila Galleon which would be carrying silver and gold to be traded for oriental goods; a local guide presented team members with a silver coin dated 1786 (King Carlos III) reported to be from this site.
From Wikipedia
http://en.wikipedia.org/wiki/Manila_galleon
"The wrecks of the Manila galleons are legends second only to the wrecks of treasure ships in the Caribbean. In 1568, Miguel López de Legazpi's own ship, the San Pablo (300 tons), was the first Manila galleon to be wrecked en route to Mexico."
Sounds like a pretty good find... Especially the inbound Galleon
I'm not a professional don't buy a stock based on anything I say! Don't invest money if you can't afford to loose 100% of it... GLTYA
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