⛏️Joseph Burnitz ⛏️

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⛏️Joseph Burnitz ⛏️

⛏️Joseph Burnitz ⛏️

@JosephBurnitz

Engineer | Data analytics | Hobbyist Investor | $NAK Enthusiast | All opinions are my own and not financial advise

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⛏️Joseph Burnitz ⛏️
⛏️Joseph Burnitz ⛏️@JosephBurnitz·
@epaleezeldin Why is EPA burning taxpayer money defending the Pebble Mine veto in court when the attorney who drafted the original 404(c) petition told them, in writing, that the Recommended Determination would "trigger otherwise avoidable legal claims"? Their reply: "Thanks for the feedback." @SarahPalinUSA @TyewayorHighway @taketheseodds thoughts?
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Adam Taggart
Adam Taggart@adamtaggart·
My new fitness regime has me starting every day (except Sundays) with a 30-min cycle ride 5 min at a 110bpm heartrate, then 25 min at 140-150bpm It could be dull, but Peloton lets you take rides all over the world. This morning I did Vietnam (see photo below) This measured ride is a great way to start the day, get my mind & body fresh for the morning's recordings, and primed for my afternoon workout 👍
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⛏️Joseph Burnitz ⛏️ retweetledi
Sarah Palin
Sarah Palin@SarahPalinUSA·
Stopping #PebbleMine $NAK has never been about science. It’s politics. Special interests would rather we be forever reliant on China and other dangerous foreign regimes that develop & refine natural resources, while Alaska’s rich domestic deposits sit untapped. It’s been tragic. But it’s fixable! Trump can rescind Biden’s illogical & illegal veto of #Pebble and put America back to work:
Sarah Palin tweet media
Stonks“R”Us@ImHere4Stonks

Read this email. Then tell me the veto was ever about science. Geoffrey Parker is the attorney who DRAFTED the original 404(c) petition in 2010. He represents Ekwok Village Council and Bristol Bay Fishermen's Association. Without his work, EPA has no veto to defend. None of this exists. And in January 2023, he wrote directly to the Assistant Administrator of the Office of Water and told her the Recommended Determination would "trigger otherwise avoidable legal claims" and needed to go back to Region 10. The petitioner's own attorney. Warning them. In writing. On the record. EPA's reply, six days later: "Thanks for the feedback." Then they issued the veto anyway. Think about what that means. The EPA ignored the Army Corps' own Final EIS that found no measurable impact on Bristol Bay fish. They ignored independent consulting firm AECOM. And they ignored the attorney who gave them the authority to be in the room in the first place. Every voice with actual expertise told them to stop. They did it anyway. That is not science. That is not regulatory integrity. That is an agency being run as a political weapon, and the paper trail is now sitting in front of a federal judge. Case 3:24-cv-59. Judge Sharon Gleason. Briefing complete April 15. This email is in the record. @epaleezeldin — why is your agency spending taxpayer money defending a determination that the petitioner's own counsel told you was legally indefensible before it was ever issued? You inherited this. You don't have to keep fighting for it. $NAK is a ~$1B market cap sitting on 57 billion lbs of copper and 71 million oz of gold on Alaska state land. A trillion dollars of strategic metal America actually needs. And the only thing standing between the market cap and the deposit value is a veto that was indefensible on the day it was signed. The record is the record. The veto is coming off. $NAK #PebbleMine #NAKNation #CriticalMinerals #AlaskaComeback @MarcMilette @SarahPalinUSA @TyewayorHighway @taketheseodds #copper #copx #maga @POTUS

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⛏️Joseph Burnitz ⛏️
⛏️Joseph Burnitz ⛏️@JosephBurnitz·
⛏️Joseph Burnitz ⛏️@JosephBurnitz

@epaleezeldin Why is EPA burning taxpayer money defending the Pebble Mine veto in court when the attorney who drafted the original 404(c) petition told them, in writing, that the Recommended Determination would "trigger otherwise avoidable legal claims"? Their reply: "Thanks for the feedback." @SarahPalinUSA @TyewayorHighway @taketheseodds thoughts?

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Sarah Palin
Sarah Palin@SarahPalinUSA·
Resource development projects key to our survival are most-often vetoed because of obstructionists’ self interest #PebbleMine is perfect example. Connect dots to see special, selfish interests locking up Alaska’s remote wilderness while the largest deposits of critical minerals and Rare Earths sit. Biden vetoed it (illogically & illegally) & Trump Admin hasn’t lifted it bc of these interests. Opposing $NAK isn’t based on science. It’s politics. Read this:
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Marc Milette@MarcMilette

🏔️ NAK Nation — READ THIS! My colleague Joseph Burnitz recently obtained documents through a Freedom of Information Act request that I believe every American who cares about the rule of law needs to see. He has posted the letter for our community on X today and I encourage every single one of you to read it carefully. The attorney who drafted the original 2010 petition that started the entire Section 404c veto process against Pebble Mine privately warned the Biden EPA seven days before the Final Determination was issued that the Recommended Determination had legal vulnerabilities that would trigger otherwise avoidable legal claims and needed to be referred back to Region 10 for additional work. The EPA's response was six words. "Thank you for sharing this feedback" And then they issued the veto anyway the same day. Let that sink in. This was not a close call. This was not a difficult scientific judgment. This was a federal agency that had already decided the outcome it wanted and was not going to let inconvenient legal warnings from its own supporters get in the way. The process was rigged from the beginning. Internal EPA documents show officials were strategizing about how to use Section 404c to block Pebble Mine as early as 2008. Two years before the official petition was even filed. Two years before the process that was supposed to be initiated by concerned citizens was supposedly initiated at all. The EPA did not write this veto. It was conceived in back rooms by EPA insiders working alongside outside activists and political operatives who used the agency as a weapon to destroy a billion dollar investment and block 800 billion dollars worth of America's own mineral wealth. This was politically motivated from the very beginning. The Bristol Bay Watershed Assessment that formed the scientific foundation of the veto was not independent science. It was a predetermined outcome dressed up in scientific language by a team specifically selected to produce the result the agency had already decided it wanted. And when the very lawyer who started the whole process thirteen years earlier privately told them their own determination was legally flawed and needed more work they responded with six words and issued it anyway. The Army Corps of Engineers own gold standard Final Environmental Impact Statement prepared by independent consulting firm AECOM found no measurable impact on Bristol Bay fish populations. The EPA ignored that conclusion entirely. It never even attempted to explain why its conclusions contradicted the most comprehensive scientific analysis ever conducted on the project. It just issued the veto anyway. This is not regulatory oversight. This is not environmental protection. This is the systematic abuse of federal regulatory power by unelected bureaucrats serving political masters rather than the law. It is the kind of behavior you would expect from a corrupt government agency in a country where the rule of law does not exist. It has no place in the United States of America. The veto was built on a legal standard the Supreme Court declared invalid four months after it was issued. It was issued over the documented objections of its own supporters. It contradicted the agency's own gold standard science. It was never properly reviewed under the correct legal standard. And it destroyed over a billion dollars of investment and locked away 800 billion dollars of American mineral wealth without a single permit ever being denied through the proper legal process. This was never about science. This was never about salmon. This was about left-wing extremism and the radical environmental movement's obsessive desire to control resource development in the United States of America. The once most prominent capitalist society in the world. A nation built on the principle that its citizens and its states have the right to develop their own land their own resources and their own economic destiny without unelected bureaucrats serving a radical political agenda deciding otherwise. And the people who abused that power left a paper trail. This is corruption. It is regulatory weaponization. And it is a betrayal of every principle that is supposed to distinguish American governance from the kind of politically driven bureaucratic abuse that defines the governments we spend billions of dollars trying to reform in other parts of the world. The courts are now being asked to hold the EPA accountable. The FOIA documents your colleague Joseph Burnitz obtained are part of a growing body of evidence that confirms what many of us have suspected for years. This was never about science. This was never about salmon. This was about power and control. And the people who abused that power left a paper trail. The truth is coming out. And when Judge Gleason rules it will be on the record forever. America deserves better than this. Alaska deserves better than this. The investors who believed in this project deserve better than this. And the rule of law demands better than this. Please read Joseph's post. Share these posts widely. And let people know what actually happened here. Stay locked in NAK Nation. The truth is coming out. 🇺🇸🏔️ #NAKNation #PebbleMine #EPA #RuleOfLaw #CriticalMinerals #AlaskaComeback #Corruption #FOIADocuments #JosephBurnitz

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⛏️Joseph Burnitz ⛏️
⛏️Joseph Burnitz ⛏️@JosephBurnitz·
The letter I was talking about during the space:
⛏️Joseph Burnitz ⛏️@JosephBurnitz

@epaleezeldin Why is EPA burning taxpayer money defending the Pebble Mine veto in court when the attorney who drafted the original 404(c) petition told them, in writing, that the Recommended Determination would "trigger otherwise avoidable legal claims"? Their reply: "Thanks for the feedback." @SarahPalinUSA @TyewayorHighway @taketheseodds thoughts?

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⛏️Joseph Burnitz ⛏️
⛏️Joseph Burnitz ⛏️@JosephBurnitz·
$NAK Nation! Hope to see you all this Monday as Kris and I break down the latest (final) briefs filed in Pebble v. EPA. Specifically, we'll be examining what we expected, were surprised by, and some of the misses.
⛏️Kris Jackson⛏️@taketheseodds

⛏️ $NAK community, it’s time. ⛏️ @JosephBurnitz and I are hosting a Space next Monday at 6:30 PM PST. We'll go through Northern Dynasty's latest filing that just dropped against the DOJ/EPA. We'll cover the main arguments they made, where the government's position looks weak, and what this likely means for the case going forward, including timelines and possible next steps. It's an important update on the Pebble fight, so if you're interested in $NAK, feel free to join and bring your questions. Hope to see you there. #Pebblemine x.com/i/spaces/1ajem…

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Brian 1234brrr
Brian 1234brrr@BrianRadcl24237·
@adamtaggart Adam... Rubio already told you that. He said we attacked because Israel went in. You may not have seen that on your media sources.
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Adam Taggart
Adam Taggart@adamtaggart·
Thought tonight's Presidential address was a missed opportunity No matter how well it may be going, many Americans are uncomfortable that we are at war Trump should have offered more specific details on why the US had to act when it did
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⛏️Joseph Burnitz ⛏️
⛏️Joseph Burnitz ⛏️@JosephBurnitz·
@JonkooTrades Specifically they [EPA] implied without proof that the miles of anadromous streams that would be most would affect the Bristol Bay Fishery. That fishery is over 99% sockeye based, while the administrative record documents zero sockeye in the affected streams.
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The Trend Sage
The Trend Sage@JonkooTrades·
Update on the $NAK Lawsuit Against EPA’s Pebble Mine Veto: Diving Deeper ⛏️ Northern Dynasty Minerals ( $NAK ) and co-plaintiffs; including the State of Alaska, Iliamna Natives Ltd., and Alaska Peninsula Corp. filed their opening summary judgment briefs on October 3, 2025, in U.S. District Court in Alaska. They argue the EPA’s 2023 veto under Clean Water Act Section 404(c) was unlawful, politically motivated, and contradicted the project’s Final Environmental Impact Statement (FEIS), which concluded there would be no measurable harm to downstream fisheries. On February 17, 2026, the Department of Justice (DOJ) responded, defending the EPA’s decision. The government argues the veto was reasonable, science-based, and necessary to prevent “unacceptable adverse effects” on Bristol Bay’s salmon fishery, including the permanent loss of 8.5 miles of salmon streams, over 2,000 acres of wetlands, and broader downstream impacts. The filing surprised some observers given the administration’s pro-mining and critical minerals stance, and $NAK shares fell sharply following the news. Northern Dynasty responded on February 18–19, 2026, with CEO Ron Thiessen criticizing the DOJ’s position as flawed and inconsistent with broader support for domestic resource development. He emphasized that the FEIS found no measurable impact on fisheries more than 100 miles downstream and reiterated the company’s view that the veto is legally vulnerable. The company remains open to settlement but says it is prepared to continue litigation. The plaintiffs’ final reply briefs are due April 15, 2026. After that, the court could rule on summary judgment, potentially upholding or invalidating the veto without a full trial. While settlement discussions previously stalled, future negotiations remain possible. If overturned, Pebble could unlock 53+ billion lbs of copper, 7.4M oz gold, 37M oz silver, and more over decades, addressing looming shortages driven by AI, EVs, and clean energy. Risks persist from environmental opposition, but $NAK sees this as a winnable fight for U.S. mineral security. Bullish on the project's trillion-dollar potential, and am watching closely! #NAK #PebbleMine #Copper #Mining #Gold #Silver #EPA
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⛏️Kris Jackson⛏️
⛏️Kris Jackson⛏️@taketheseodds·
#1 way to spot an AI post, Look for this sentence structure: “This is not X. This is Y.”
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Adam Taggart
Adam Taggart@adamtaggart·
Bullish on copper? Then think about getting your own custom copper-plated 1920 Rolls-Royce Silver Ghost
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⛏️Joseph Burnitz ⛏️
⛏️Joseph Burnitz ⛏️@JosephBurnitz·
@leganadvisors @TKSconservative @realDonaldTrump @POTUS @JoeBiden How would jobs be impacted? I laid this out in a few posts: x.com/JosephBurnitz/…
⛏️Joseph Burnitz ⛏️@JosephBurnitz

Another gaping hole I realized in EPA's argument--Kings(chinook) and Coho ain't Sockeye. EPA defends its action by valuing the Bristol Bay commercial salmon fishery, "$2.0 billion" and "15,000 jobs." FD at EPA_AR_0082945. That value is overwhelmingly sockeye-driven. Bristol Bay produces "about half of the world's Sockeye salmon." per EPA_AR_0082943. But the streams EPA is protecting at the mine site don't contain sockeye. PLP's sampling of the 8.5 miles proposed for fill found Coho and Chinook, roughly 370 juvenile Coho and 50 juvenile Chinook in NFK 1.190, and 344 juvenile Coho and 12 juvenile Chinook in NFK 1.200. FEIS at EPA_AR_0095026, EPA_AR_0092560. Zero sockeye. EPA's own brief concedes sockeye are found "immediately adjacent" and "immediately downstream" of the mine site, not in the streams being destroyed. Doc. 215 p 46. EPA bridges this gap through indirect mechanisms: headwater streams supply nutrients, gravel, and flow to downstream sockeye habitat. FD at EPA_AR_0083078-79. Scientifically plausible, but the Army Corps evaluated the same mechanisms and concluded the mine "is not expected to affect overall productivity in the greater Koktuli River basin." FEIS, Ch. 4 at EPA_AR_0095966. The cost-benefit problem is straightforward. EPA credits the full $2.0 billion fishery value as a benefit of its action without ever disaggregating how much of that value is attributable to the Coho and Chinook actually found at the mine site versus the sockeye connected only through indirect downstream effects the FEIS found insufficient. EPA has species-specific harvest data in the record (EPA_AR_0083049) but never uses it to apportion the benefit. Under Michigan v. EPA, 576 U.S. 743, 752 (2015), cost-benefit analysis requires "consideration of all the relevant factors", including which species are actually affected and what those species are actually worth. The brief's strongest species-specific link is Chinook: the Nushagak district accounts for 75% of Bristol Bay's commercial Chinook catch, and the Koktuli River is often the largest Chinook producer in the Nushagak watershed. EPA_AR_0083017, 0083030. But EPA never quantifies the Chinook-specific commercial value or separates it from the sockeye-dominated total, despite having species-specific commercial harvest data available in the record. EPA_AR_0083049. Funnily enough, coming out of an old case from the NRDC v. EPA, an agency is "free to emphasize or deemphasize particular factors" but must provide a reasoned basis for doing. NRDC v. EPA, 25 F.3d 1063, 1071 (D.C. Cir. 1994). Aggregating all species into a single undifferentiated value and attributing it to an action whose primary ecological evidence involves different species than those driving the value is not reasoned emphasis, it is (intentional?) obfuscation. tldr; EPA put $2.0 billion on the benefits side of the ledger. The ecological evidence at the mine site supports a fraction of that figure. How large a fraction is unknowable because EPA never did the math. There is no scientific disagreement, it's a simple analytical failure that makes the cost-benefit weighing un-reviewable. Kill shot. 🎯

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Legan Advisors
Legan Advisors@leganadvisors·
$NAK - just fyi if you haven't seen this yet. We got a lot of heated posts when we felt it was going to be very difficult for the company to win this battle. There's so much potential but it was a long shot and the courts won. There are more opportunities out there. 🤝
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Ciudadano uruguayo⛏️
Ciudadano uruguayo⛏️@Ciudadanouru·
@taketheseodds @JosephBurnitz @be4_the_h3rd Mmm Even with its significant investment in NAK, Kopernic only holds 3.41% of its portfolio in NAK. If needs to acquire cause a new investor, it would mean that the new one contributed $234 million to Kopernic. Imo is very unlikely.
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⛏️Joseph Burnitz ⛏️
⛏️Joseph Burnitz ⛏️@JosephBurnitz·
@TaviCosta This assumes the amount of gold in Ft. Knox is fixed. The US can strike some gold deals with mines and start growing the quantity
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Otavio (Tavi) Costa
Otavio (Tavi) Costa@TaviCosta·
Here is an important reminder: Today’s US federal debt is only about 3% backed by its gold reserves. That assumes the US actually holds what is reported at Fort Knox — which is a separate discussion. If US government debt were backed by gold at the same 51% level seen in the 1940s, total US gold reserves would need to be worth roughly $20 trillion. With 261.5 million ounces of gold, that would imply a gold price near $75,000 per ounce. This is just math — don’t shoot the messenger.
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