In Asgard, Loki overhears an old storyteller singing the praises
of Thor to a group of children but when the old man boasts of Thor’s constant
victories over Loki, the God of Evil gets mad and conceives a new plan against
his hated brother. First he goes to Karnilla the Norn Queen and borrows five
Norn stones from her; he next goes to the barren wastes of Nastrond to meet
with the King (identity withheld from the reader until later), imprisoned by
Thor and offers revenge, which the captive eagerly assents to. Loki flies them
both to the Pacific Ocean and prepares the trap….
At home, Dr. Donald Blake hears news reports of a tidal wave
threatening Easter Island and he changes to Thor and flies out to see if he can
help. When he arrives, he is told that the population is being taken to safety
by helicopter but they are worried about what the tsunami will do to the town.
Thor builds a breakwater out of rock and dirt, bracing it with his own body
when the wave hits, so that the famous stone heads are uprooted but the barrier
holds. Then Thor passes the Norn stones placed there by Loki and they cause the
statues to come to life and attack the Thunder God. Thor drives them away from
the Norn stones and the statues return to stone and Thor neatly hammers them back
into the ground up to their necks. Inquiring after the source of the wave, he
is directed to a new island pushed up from below recently, so he flies over
there and finds Loki who unveils Fafnir the Dragon, bent on vengeance. The two
clash but Thor is the greater; he then tosses the Norn stones into he air and
sends a lightning bolt through them, paralyzing Loki and Fafnir—and at this
point Odin himself intervenes, sends Fafnir and Loki back where they came from
for punishment and allows Thor to resume his business on Midgard….
Epilogue: Don Blake is on Easter Island attending to people’s needs and
the authorities are wondering where he came from….