Greenland Mines Ltd

Again, I'm only going to do Canadian stock exchanges definitely from now on.

But it's Greenland Mines, and it's obvious.

I said it last week.

It's one of the most volatile names out there.

But again, I talked about it enough.

I guess it might be back in a top best-of-wish performer, as this is a wildly volatile name.

It's Greenland And so you have mining in Greenland, super topical, whatever's happening in politics.

I think that's influencing part of it.

No worries.

Greenland Mines, the developer of massive gold, platinum and palladium deposits on the island, jumped 350% last week.

Critical Metals Corp jumped 24% after the deal gave investors optimism about its rare earths project in Greenland.

Not a big economy, Greenland, $3.5 billion.

Okay, now let's move on to some world news.

Okay, days after Trump announced the security agreement with Greenland and Denmark, Greenland Mines applied to double the size of its rare earth mine to supply magnet metals needed for electric vehicles, wind turbines, and defense systems on the island.

The North Carolina-based company's Sarfartoq Rare Earth District in southwest Greenland would expand from 74 square miles to about 175 square miles if approved.

Greenland Mines is developing a rare earth neodymium and praseodymium project that could reduce the Western Hemisphere's dependence on China for the magnet rare earth minerals.

China-based processors control at least 75% of the global market for all rare earth elements.

The Greenland Mines project is expected to produce about one-third of the world's neodymium praseodymium oxide refined outside of China, serving as a key source of the rare earth ingredients needed for energy, transportation, and defense technologies.

China's export restrictions on rare earths have driven up prices in the past year.

The Trump administration has focused on supporting and investing in domestic rare earth operations, but a supply of ore is still needed, according to Greenland Mines.

That maybe there's some stocks there with critical materials and all that that maybe could do well.

Now, the stock like GLND, Greenland Energy, Greenland Mines, GRML, and Critical Metals, CRML.

Greenland Mines, I think, popped like, I don't know, like 80% on this announcement on Monday.

Well, maybe it was 121%.

It was something crazy.

Today, I have the pleasure of speaking with Bo Mahler-Stengard from Greenland Mines.

And of course, let's start with the Trump deal with Denmark and how that might be impacting Greenland Mines.

Yeah, thank you.

And good to meet you again, Tracy, here.

So, no, true.

I have been around sort of on Suffolk Talk and also on Scarecrow and judged them as two of the, in my opinion, best projects that we have in Greenland, right?

Greenland Mines has no debt.

You're preparing to help the entire world deal with our rare earth supply chain issues, specifically the magnet materials.

Could potentially be.

Number two, that is going to be Greenland Mines.

Now, it would not surprise me to see that these are all from the same company or people just money grabbing here.

It's G-R-M-L.

That is Greenland Mines Limited.

Greenland Mines looks like a nuclear bomb went off and they are absolutely just in full meltdown mode.

This thing IPO'd back in 2022 or when it first came to public.

I don't know if this was a SPAC or not.