Whatever Happened to the other $3 Billion Dollar Wreck that they Found ???

old man

Bronze Member
Aug 12, 2003
1,773
1,709
East Coast
I see where Sub Sea said they found another $3 Billion Dollar Wreck. Why didn't they salvage the last one they said they found?? :icon_pirat:



Sub Sea Research Company up to something near Guyana

January 27, 2009, Caribbean newspapers began reporting a story about a British sunken ship found 40 miles off the coast of Guyana. The American team, Sub Sea Research Company from Maine, believes they have found the largest sunken treasure ever recovered in history. The find is worth an estimated $3 trillion; yes - that is $3 trillion US dollars.

Sub Sea Research Company owner Greg Brooks, another modern day treasure seeker, is not divulging the name of the ship or the exact location, but states that the cargo ship he has nicknamed, "The Blue Baron," contains at least ten tons of gold bullion, 70 tons of platinum, one and a half tons of industrial diamonds and 16 million carats of gem-quality diamonds. There may be several thousand tons of tin and a few thousand tons of copper ingots, but these metals may be degraded after spending over 60 years on the ocean floor.

The gold laden British ship is believed to have been sunk by two German torpedoes in June of 1942 as the ship sailed from England to New York via South America. It was discovered 250 meters, or 800 feet below the sea. It is believed the cargo was intended for the US Treasury, but to date no one has claimed the sunken treasure. The crew of the British freighter was primarily made of British nationals. Since laws concerning salvaging items from the ocean floor are complex, it may take years of legal battles before ownership is attributed to any one party. Sub Sea Research estimates the WWII treasure of gold and gems is worth approximately US $3,532,375,151, and may have included treasures from both Russia and Great Britain.

Sub Sea Research was forced to make its discovery public when it filed a claim on the treasure in a US Federal Admiralty Court. No counter claims have been filed so far, according to the Daily Telegraph.

"This British freighter had an extremely valuable cargo, and we decided there wasn't a lot of point in leaving it at the bottom of the sea. This will definitely be the richest wreck ever," the founder of Sub Sea Research, Greg Brooks, said in an interview with London's Daily Telegraph.
Subsea Artifact
 

Not likely UK wartime govt would risk that much in gold, platinum and diamonds in one shipment. I remember reading that there was a limit on how much gold/platinum, etc., a wartime cargo ship (based on gross tonnage of the ship) could carry on a single voyage due to the submarine threat. The SS City of Bath was sunk off Guyana in Dec 1942 carrying cargo of platinum.
 

This is the best way of getting investors to fork over their money . They do this all the time and get away with it . The c.e.o. 's are getting a fat pay-check and are laughing all the way to the bank . Cornelius
 

Hello old man,

Note the date - the article was written in 2009. It's the same vessel as now, only before they revealed her as the now-known Port Nicholson.
 

gord said:
Yeah, and over those 2-3 years she moved from Guyana to Massachusets!

Sub Sea admitted they used Guyana to throw everybody off.
 

Jeff K said:
gord said:
Yeah, and over those 2-3 years she moved from Guyana to Massachusets!

Sub Sea admitted they used Guyana to throw everybody off.

Thanks Jeff, I was beginning to think they were finding $3 Billion dollar wrecks every few years. :icon_pirat:
 

The treasure on board this ship had to be legally secured. The location can not be disclosed or everyone would be all over it. I can say for certain that this year you will realize that this is not a joke. or a fluke....guaranteed. Sub Sea has treasure locations in the Caribbean, however they have to wait for favorable political winds to file certain claims. The $3 Billion dollar treasure is not in the Caribbean.
 

This will be in the news this summer. Recovery operations have begun.
 

Top Member Reactions

Users who are viewing this thread

Back
Top