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« But First, Julie Chen Needs Her Emotion Chip Upgraded | Main | RedState: Next SCOTUS Nominee-- Priscilla Owens »
September 26, 2005

Crazy Treasure-Hunter Money: Expedition Claims To Have Found $10 Billion (With a B) In Long-Buried Loot

Big swag:

TREASURE hunters believe they have found a legendary trove of 18th century jewels and gold coins worth $US10 billion on Chile's Robinson Crusoe island, the company that bankrolled the expedition said.

Robinson Crusoe lies 700 kilometres west of Chile's central coast in the Pacific, and was a refuge for corsairs crossing the vast ocean.
Legend has it that Spanish navigator Juan Esteban Ubilla y Echeverria stashed a fortune on the island in 1715, which was found by a British sailor Cornelius Webb, and taken to another area of the island to be reburied.

Members of an expedition organised by Wagner salvage, using a metal-detecting robot that also can identify chemical compositions, believe they have pinpointed the site, according to attorney Fernando Uribe Echeverria, who is advising the team.

"It is the greatest treasure in history," Echeverria told reporters, adding that searchers would start digging in a matter of days once permits had been granted.

Once permits have been granted.

Something tells me these permits are going to be pretty pricey.


posted by Ace at 04:05 PM
Comments



You'd think they'd be smart enough not to announce how much the site was worth until after they'd started digging (and if it's worth that much, after hiring a lot of security)...

Posted by: stukom on September 26, 2005 04:34 PM

Those metal detecting robots. . . is there anything they *can't* do?

Me, I'm still waiting to discover the secret of Oak Island.

Cheers,
Dave at Garfield Ridge

Posted by: Dave at Garfield Ridge on September 26, 2005 05:28 PM

Chile's not all that bad. I don't expect these folks to get too badly fleeced by the one real free market economy in South America.

Posted by: Sean on September 26, 2005 06:11 PM

Fascinating article, Dave. Thanks.

Posted by: Michael on September 26, 2005 07:00 PM

Damn, damn, damn. You try to hide something and then some punk kids come along with their metal-sniffing robot and, all of a sudden, your retirement fund is gone. Oh well, wait till they get to the booby-traps.

Posted by: Juan Estaban Ubilla y Echeverria on September 26, 2005 08:35 PM

The island of 600 people...

Newsflash from the island:

The team of treasure hunters mysteriously disappeared in the middle of the night yesterday. None of the 600 islanders claims to have seen or heard anything, although all are sporting big smiles and talk eagerly about $5,000 flat screen TV's and getting new SUV's.

Local sharks looked amazingly well fed raising suspicions among local authorities that "foul play" may have been involved in the disappearances and recent upsurg in islander morale.

Posted by: Purple Avenger on September 27, 2005 03:16 AM
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