Spanish Shipwrecks in Cuban waters

MORE AND BEYOND OSSY

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Jul 27, 2008
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Hola Panfilo. Very Interesting, Do you know if Cuba still have a deal in place, with a Treasure hunting company, I think they could be from Canada?
Cheers, Ossy
 

wreckdiver1715

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That deal was with Burt Webber's old company that went under back in 2005 due to evil stock brokers in New York.
 

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Panfilo

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Feb 20, 2007
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March 15, 2005
OSC Alleges Manipulative Trading in Shares of Visa Gold Explorations Inc.
Toronto ďż˝ The Ontario Securities Commission (OSC) today alleged trading violations by six individuals in shares of Visa Gold Explorations Inc. (Visa Gold). The OSC proceeding followed a referral by the Royal Canadian Mounted Police (RCMP). The OSC issued a Notice of Hearing and Statement of Allegations in respect of Robert Zuk, Ivan Djordjevic, Matthew Coleman, Dane Walton, Derek Reid and Daniel Danzig.

OSC staff allege that in the period between August 1999 and November 2001, Robert Zuk, through brokerage accounts over which he held or exercised trading authority, traded in the common shares of Visa Gold Explorations Inc. (Visa Gold) in a manner that was designed to create - and did create - a misleading appearance as to the value of, and market activity in, Visa Gold shares.

The OSC alleges that Zuk used manipulative trading techniques, including wash trading (which involves no change in beneficial ownership of the shares), match trading (which involves entering an order to buy or sell shares with knowledge that an offsetting order of substantially the same size and price has been, or will be entered), and high close trading (trades at or near the end of the day that result in a higher closing price for the shares for a particular day). It is further alleged that the majority of these trades occurred at prices higher than the preceding reported trade.

OSC staff allege that Derek Reid, Matthew Coleman, Ivan Djordjevic and Daniel Danzig, who were registered representatives, were involved as brokers in certain of those wash, match or high close trades. In addition, Derek Reid and Dane Walton are alleged to have conducted trading for their respective brokerage firms’ inventory accounts on a prearranged basis with Robert Zuk.

Staff allege that the trading in question created a misleading appearance as to the volume of trading in Visa Gold shares and as to the market price for the shares and was therefore contrary to Ontario securities law and the public interest.

The set date appearance for the OSC respondents is scheduled for April 15, 2005 at 10:00 a.m. in the main hearing room at the Commission’s offices, located on the 17th floor, 20 Queen Street West, Toronto.
 

jeff k

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Mar 4, 2006
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English translation...

http://translate.google.com/transla...ia/1254811833.html&sl=es&tl=en&hl=en&ie=UTF-8

According to this article the La Madalena went down off Cayo de la Cruz, Cuba, not Florida, as originally thought.

In 1563, the 250 ton galleon, “La Madalena,” commanded by Capt. Cristobel Rodriquez, was returning to Spain from Veracruz, Mexico and Havana. She was cast up on a shoal during a bad storm and of the 300 odd souls aboard her, only 16 survived in the small-boat. At the time she carried over 50 tons of silver in bullion and specie (coins), 170 boxes of worked silver (like candle sticks, plates, etc.), 1,110 pounds of gold in small ingots and jewelry, plus other valuables belonging to passengers.
 

Salvor6

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Jeff that article mentions the Santa Maria de San Vicente. Not one word about the La Madalena. Where did you get that info?
 

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Panfilo

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jeff k

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Salvor6... My mistake. I thought I read Captain Cristobal Rodriguez which was the same name as the captain of the La Madalena, but I see it says chaplain in the article.

One of the wrecks this historical chronicle compiled in the galley is the San Salvador, flagship of the fleet going to New Spain under the command of Don Pedro de las Roelas in 1563.

Thanks to this study also recover the sunken boat intrahistory with the anonymous characters who lived through the tragedy of the night of August 18, 1563. For example, accompanying Pedro de Roelas officers were Peter George, 33, who was limping left leg, the chaplain Cristobal Rodriguez-tall, spare man of 31 who also was a resident of Seville, "the clerk Johan Martinez and Francisco de Orellana-sheriff of 30 years, very fair and stout.

Description
According to the chronicle of the sinking, the ship approached the Spanish and continued bojeando southern Cuba, full of islands and little-studied streams in the mid-sixteenth century. Finally, stranded in the current Canarreos archipelago and the ship struck coral hillocks. Aim the author of the study perhaps because of this wreck, which killed 35 people, the place was dubbed Cayo de la Cruz.

In addition to the valuable goods from velvets, satins, canvas and taffeta, the boat was loaded with the quicksilver of the king, needed for processing precious metals. For this reason, during the rescue of the remains there was a sack that forced the House of Trade Seville to initiate a judicial process that lasted several months.
 

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