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working three miles deep. >> there was a cargo of silver on board, 7 million ounces do i have that right? and how does that translate into, you know, a weight we can identify with? >> yeah, well, 7 million ounces is the reports from the manifest as much as 7 million ounces. to put that in perspective that is about 200 tons of silver, it's quite a bit. in terms of market value, currently would be worth a little more than $220 million. jon: woe. you negotiated the salvage rights with the british government, right? it was their ship, their silver? >> it was a merchant ship that was inch churned under war risk insurance, which the u.k. government paid out. we made a deal with the ministry for transport, we work well with the british government, it's kind of unique, they actually reward entrepreneurs for taking risk. we'll end up with 80% of the salvaged value, and they'll get 20%, so their taxpayers are

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