Northwest Dive Club

Ready?! Let's go!

http://www.bizjournals.com/seattle/news ... cious.html

Dmitchell probably already dove it and has the gold buried in his back yard.

If it was at 175' I would have been there done that. It's at 365' and in a 4-way channel that screams with current. Trust me, it's on the bucket list. Oh and yea, I'm sitting 10 miles from it right now.

According to someone that was on Jayne's previous failed expedition, the remaining section of the boat is buried under tons of barnacles and in the silt.

More of the story
http://www.nickmessinger.co.uk/islander.html

Forgive me if this is a dumb question, but I thought that the basic rule of marine salvage was "finders keepers", or if the original owner wants the goods then they make a payment to the salvager comparable to the value recovered - how could a rival salvage company get a restraining order on a wreck containing items they haven't even seen, much less started to recover?

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Because the boat is in State waters, not International waters and because I believe there was an insurance payout on this so the insurance company holds the rights to the boat even 100 years later.

Dmitchell wrote:If it was at 175' I would have been there done that. It's at 365' and in a 4-way channel that screams with current. Trust me, it's on the bucket list. Oh and yea, I'm sitting 10 miles from it right now.

Sure. That's what he says to keep you from digging up his back yard.

Great Read ....Thanks diverden for the info