Salvagers discover treasure-laden shipwreck

Montana Jim

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Sep 18, 2006
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Montana
Sorry if this is a repeat:

http://www.abc.net.au/news/stories/2009/01/30/2478562.htm

An American salvage company is claiming a record treasure haul from a World War II shipwreck worth billions of dollars.

According to Sub Sea Research, there are 70 tonnes of platinum, 10 tonnes of gold and about 1.5 tonnes of industrial diamonds and gemstones within the shipwreck.

At today's market prices, the ship could contain between $6 billion and $11 billion worth of treasure.

The company's founder, Greg Brooks, says the treasure was once a large payment being sent to the United States.

"It was basically a payment being sent to the Lend Lease program that the United States had developed to help their allies in Europe," he said.

"It was just left there and we happened to take the initiative and take the expense upon ourself to go out and look for it."

Sub Sea Research has dubbed the wreck 'the Blue Baron', but its whereabouts remain a mystery.

Britain's Sunday Telegraphs claims it was sunk off the coast of Guyana, while the BBC says it sank near New England off the north-east coast of the US.

The salvage company has not revealed the exact coordinates of the treasure.
 

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