The BI s.s. GAIRSOPPA sunk about 300 miles from Galway. ILater signal painting added in the painting, G.C.Z.B.
Oil on panel, 6 x 8 inches.
As you have in the press... GAIRSOPPA, some 150 million quid of silver, is being raised.
One of the fellows who is involved of the rights of raising GAIRSOPPER is a Mr David Saul. A few months ago I went to a lecture of him on the wreck and laising the loot. He is quite a fellow. In fact I've know him for more than fifty years... he was a schoolmaster . I was about a school boy about age nine... he caught me off the school field with a girlfriend behind the 'bushes'. I was more scared about her dad's catching me!. He was later as an MP, Minister of Finance and then Premier of Bermuda.
Dr. David Saul On The Great Silver Rush
May 21, 2013 | 1 Comment
Former Premier Dr. David Saul will explain how some $40 million worth of silver ingots were salvaged from a British ship torpedoed off the coast of Ireland in World War Two when he gives the latest lecture in the ongoing Bermuda Underwater Exploration Institute [BUEI] Citizen Scientist series.
Dr. Saul is a co-founder of Florida-based Odyssey Marine Exploration which discovered the wreck of British merchant ship Gairsoppa in 2011.
In 2010, the United Kingdom;s Department for Transport awarded Odyssey, through a competitive bid, the exclusive salvage contract for the cargo of the SS Gairsoppa.
The vessel was carrying a 240 ton cargo of silver when it went down in 1941 a treasure trove worth more than $200 million.
On July 18, 2012, Odyssey announced the recovery of the first silver bars from the Gairsoppa shipwreck site. Dr. Saul is seen here holding one of the ingots recovered from the wreck it weighs 80 pounds and is worth $38,000.
To date, Odyssey has recovered 1,218 silver bars approximately 48 tons.
It is anticipated that an additional 1,599 insured silver ingots, representing approximately 1.8 million ounces, and what could be a substantial amount of uninsured silver remains on the [email protected] site.
Gairsoppa was found in 14,000-feet of water and the ongoing salvage operation has set a world record depth for the recovery of precious cargo.
Dr. Sauls talk entitled The Great Silver Rush: A Story of Sophisticated Technology, Patience, Skill & Perseverance will take place at the BUEIs Tradewinds Theatre on Tuesday, May 28 at 7 p.m