Some say that Banderas Bay was formed from a volcano; that it is so deep that no instruments have ever been able to accurately detect its depth. Others claim it to be two miles deep. They are all incorrect as it's merely an extension of a canyon running from the Banderas Valley or Ameca Valley with its deepest point near Cabo Corrientes, measured at 900 meters or approximately 3,000 feet. Many of the local residents and many of the previously written articles about the Puerto Vallarta area will tell you that Banderas Bay is the largest bay in Mexico and the second largest bay in North America, only behind the Hudson Bay. Obviously they haven't seen the Chesapeake Bay! Again, a slight stretch of the truth in that it's only the third largest bay in Mexico.
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