It would appear to me after having read all I can that the preponderance of evidence points to the Capitana going down in deep water on the open ocean. Of the 13 vessels comprising the Nueva España flota 8 made it back to Spain, 3 limped into Monte Christo, the Angel Bueno sank on the high seas, which leaves only the Capitana unaccounted for. Bonifacio’s research of original archival documents reveals a ships captain and a pilot both state they had left the Bahama Channel and were closing in on Bermuda when the hurricane hit. This pretty much seals the deal for me.