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I wish some really rich person would just buy this island and pay some construction company a lot of money to excavate the whole thing. It can't be that hard to build a sufficiently large hole with modern technology.

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Someone did (Marty Lagina) and they attempted a number of things last year. This is the premise of a reality show on the History Channel called "The Curse of Oak Island."

http://en.m.wikipedia.org/wiki/The_Curse_of_Oak_Island http://www.imdb.com/title/tt3455408/

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