SullivanRrr
09-21 07:01

I don't think people fully realize what $Greenland Energy Co(GLND)$  actually has in Greenland.

$Greenland Energy Co(GLND)$  is a US-listed oil and gas exploration company focused on the Jameson Land Basin in East Greenland.

Only about a month ago, $Greenland Energy Co(GLND)$  was already trading around $2.20 to $2.40. That was before this new Greenland news.

Now, after one of the biggest geopolitical developments involving Greenland, $Greenland Energy Co(GLND)$  is sitting around the same area it traded at before the permit disappointment. That's the part I think the market may still be missing.

Friday it went from around $1.20 to around $2.60 after hours. Sounds wild. But $2.60 isn't some never-before-seen price for GLND. This stock was already around $2.40 before any of this happened. And the 52-week high is $23.00.

They have the right to earn up to 70% working interest in roughly 2.1 million acres. Independent Sproule ERCE work estimates up to around 13 billion barrels of gross unrisked prospective recoverable oil in the basin.

Then look at what just happened with Greenland. The US, Denmark and Greenland announced a major new strategic agreement. US presence and interest in Greenland is getting stronger, and Greenland is clearly becoming more important for US national security and strategic resources.

$Greenland Energy Co(GLND)$  isn't some random company that suddenly added Greenland to its story. Look at who's around it.

Larry Swets, Chairman and major shareholder, has already been actively pushing Greenland opportunities in Washington and has relationships around the Trump administration. Citadel also disclosed a significant position in GLND. Ken Griffin is obviously one of the biggest names in US finance and has been a major Republican donor. Carol Craig is on the $Greenland Energy Co(GLND)$  board. She founded Sidus Space, a US space and defense company. $Greenland Energy Co(GLND)$  also has a media partnership with Envoy Media, connected with Dr Phil, who has also been publicly close to Trump.

When you put it all together, I think it gets very interesting. For me the setup is simple.

2.1 million acres in Greenland. Up to 13 billion barrels of prospective resource. Up to 70% working interest. US-listed company. Low float. High insider ownership. Major US strategic interest in Greenland.

And the stock is basically back around prices it already traded at before this whole Greenland situation changed.

$SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$  $United States Oil Fund LP(USO)$ 

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