Shipwreck divers acquire rights to multiple wrecks - Soundings Online

Shipwreck divers acquire rights to multiple wrecks

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Blue Water Ventures International announced it acquired location data on multiple potential shipwreck targets in international waters off the coast of the United States. The data, which Blue Water has purchased from Cobalt Blue Exploration, was collected during Cobalt Blue Exploration's 30 years of commercial fishing enterprise.

Blue Water plans an initial assessment of four of the sites, with preliminary dives and archaeological reviews launching in July.

Blue Water president Keith Webb commented that the Cobalt Blue Exploration research documents show modern and historic targets which fall in line with the Company's Phase II business model to conduct recovery operations in deep waters.

The intrinsic antique value of coins, bullion and other forms of shipwreck treasure is never easy to determine. In the final analysis, sunken treasure like all other antiques is only worth what a collector is willing to pay for it.

Follow the company's progress on its website, http://www.bwvint.com.

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