THEY FOUND IT ! or NOT? Satellite looking into missing Malaysia flight detects 'suspected crash area'.....China's State Administration for Science, Technology and Industry for National Defense announced the discovery, including images of what it said were "three suspected floating objects and their sizes."

By Jethro Mullen, Greg Botelho and Michael Pearson, CNN updated 6:17 PM EDT, Wed March 12, 2014

(CNN) -- A Chinese satellite looking into the mysterious disappearance of Malaysia Airlines Flight 370 "observed a suspected crash area at sea," a Chinese government agency said -- a potentially pivotal lead into what has been a frustrating search for the aircraft.

China's State Administration for Science, Technology and Industry for National Defense announced the discovery, including images of what it said were "three suspected floating objects and their sizes."

The objects aren't small: 13 by 18 meters (43 by 59 feet), 14 by 19 meters (46 by 62 feet) and 24 by 22 meters (79 feet by 72 feet). For reference, the wingspan of an intact Boeing 777-200ER like the one that disappeared is about 61 meters (200 feet) and its overall length is about 64 meters (210 feet).

The images were captured on March 9 -- which was the day after the plane went missing -- but weren't released until Wednesday.

The Chinese agency gave coordinates of 105.63 east longitude, 6.7 north latitude, which would put it in waters northeast of where it took off in Kuala Lumpur, Malaysia, and south of Vietnam, near where the South China Sea meets the Gulf of Thailand. more