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Shpwreck silver

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Shpwreck silver

Postby Saabman » Wed Jul 18, 2012 7:13 pm

Gordo may have sold all the UK's gold but it looks like they've got a little silver comin' in!

http://www.bloomberg.com/news/2012-07-1 ... antic.html


Odessey Marine Exploration, Inc., a deep-ocean exploration company, said it recovered about 48 tons of silver from a World War II shipwreck three miles (4.8 kilometers) beneath the Atlantic Ocean.

The company retrieved 1,203 silver bars, or about 1.4 million ounces of the metal, from the SS Gairsoppa, a 412-foot (126-meter) British cargo ship that sank after being torpedoed by German U-boat in February 1941, Tampa, Florida-based Odyssey said today in a statement. The metal, worth $38 million at today’s prices, is being held at a secure facility in the U.K.
Cerca Trova!!!

Happiness does not depend on what you have or who you are. It solely relies on what you think.
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Saabman
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Re: Shpwreck silver

Postby Morsecode » Wed Jul 18, 2012 8:40 pm

And the stock falls 10% on 5x average trade volume on the news that they get to keep 80% of $38 mil.

:roll:
From hence ye beauties undeceived, know one false step is ne'er retrieved
and be with caution bold.
Not all that tempts your wandering eyes and heedless hearts is lawful prize,
nor all that glistens gold.
- Thomas Gray, 1747
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Re: Shpwreck silver

Postby OtusLotus » Wed Jul 18, 2012 9:47 pm

I think investors are worried that they are going to have to give this booty back too!
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