As far as sensors go, I agree with you, but even then, given the acoustical conditions in very shallow water such as that, a CAPTOR mine would be akin to shooting flies with a .45--kinda overkill and not very efficient.
More likely, a more primitive mine such as a magnetic or acoustic mine which senses when a ship is near/overhead based on Doppler might be possible. Again, the torpedos they're talking about here would NOT work very well (if at all) in water that shallow. Also, have the South Koreans turned over any acoustical files to anyone for analysis? If they had passive sonar, a torpedo would have been picked up. Hell, holding a glass to the hull would have picked up a Chinese or Russian torpedo.
Again, mine possibly, but far less likely it was a torpedo. I'll bet a beer on that one.