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Monday, 02/14/2011 8:09:52 PM

Monday, February 14, 2011 8:09:52 PM

Post# of 173212
Breaking news...US PAYS OFF NATIONAL DEBT/DEFICIT BY PURCHASING "PEBBLES" IN ALASKA FOR $5 BILLION!!
(future headline --hopefully not too far out, so we don't add a bunch more to our national credit card)

The $14 trillion national debt ”the cumulative total of deficits” is now covered with this purchase by the extraordinary mineral wealth lying beneath tundra in Alaska. 23 porphyries (mineral ore bodies) owned by Northern Dynasty (NAK; and partners) and Liberty Star (LBSR) have been sold to the US government today for $5 billion. With each "pebble" porphyry (containing gold, copper, molybdenum, and silver primarily) worth an estimated $600 billion, this amounts to $13.2 trillion and closely approximates the accumulated overspending/overpromising of the US government of $14 trillion. President Obama will be flying to the Lake Iliamna region on Wednesday to take credit.

NAK CEO Thiessen was unavailable for comment, but James Briscoe, CEO of LBSR was exuberant saying, "This is the culmination of my mining/geology career, and to retire on this news, knowing I've helped solve the national debt is an HONOR.. God bless America!!" LBSR shareholders were found in several cities around the world in states of drunken euphoria, many now multi-millionaires.
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