Odyssey Announces First Load of Silver Cargo from 3 Miles Deep

mrbrklyn · Jul 23, 2012

SS Gairsoppa Operation Results in Deepest, Largest Precious Metal Recovery**

Odyssey Marine Exploration (NasdaqCM: OMEX), pioneers in the field of deep-ocean exploration, today announced it has successfully recovered approximately 48 tons of silver bullion from a depth of approximately three miles. This initial recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, totals 1,203 silver bars or approximately 1.4 million troy ounces of silver and has been transported to a secure facility in the United Kingdom. After unloading the cargo, taking on fuel and changing personnel, recovery operations will continue and are expected to be completed in the third quarter of 2012. This record-breaking operation has so far produced the heaviest and deepest recovery of precious metals from a shipwreck.
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It is canned news, but good news ... I think

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green18 · Jul 23, 2012

Yeah, they covered their butts on this venture........

Mat · Jul 23, 2012

Still angers me what happened with the B.S. regarding spain.

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Odyssey Announces First Load of Silver Cargo from 3 Miles Deep

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Odyssey Announces First Load of Silver Cargo from 3 Miles Deep

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