Donald Trump Junior (and Trump family) indirectly, through x structures, holds xx% in Greenland Energy - $GLND on NASDAQ.
Internal information coming from within the Trump family circle indicates that as of today, Donald Trump Junior indirectly, through x intermediary structures, holds xx% in Greenland Energy ($GLND on NASDAQ).
Ken Griffin and other members of the circle around Trump Junior want to buy the entire company, take it private, and sell it to an oil supermajor.
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If what Robert Price is saying were true, it would have definitely attracted companies that actually understand the industry. How come dozens of larger firms didn't fight for that license instead of some company like 80 Mile?
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This question hits the nail on the head and uncovers the biggest secret and risk of the entire Greenland project. If there are truly 13 billion barrels of oil there, why aren't ExxonMobil, Shell, or Chevron standing in line?
The reason why a small company like 80 Mile PLC secured the license, and not the oil giants, is not because the big players were unaware of the geological potential of the Jameson Land basin. Big oil companies were actually there in the past, and 80 Mile holds the license due to a combination of three crucial factors.
1. Big companies fled Greenland due to politics and ESG
Large multinational corporations invested heavily in this area in the past. In the 1980s and 1990s, detailed exploration was conducted by ARCO (Atlantic Richfield Company) along with the French company Total. That is precisely where the seismic data Robert Price talks about comes from.
However, everything changed fundamentally in 2021. That year, the left-wing and ecologically oriented Inuit Ataqatigiid (IA) party won the elections in Greenland and immediately declared an **official ban on new oil and gas exploration** across the entire territory of Greenland. Government officials stated at the time that the future belongs to climate protection, not oil.
For large multinational corporations (Exxon, Shell, BP), which are under immense pressure from Western governments, banks, and green investors (so-called ESG criteria), Greenland became "toxic" territory overnight. These companies simply could not afford to risk a massive wave of boycotts and lawsuits for wanting to drill for oil in the melting Arctic. Consequently, they completely withdrew their personnel from Greenland and abandoned the Jameson Land license.
2. The legal loophole that 80 Mile utilized
How is it possible then that 80 Mile PLC holds the license at all when the ban is in place? The British firm 80 Mile (then still under the name Bluejay Mining) managed to acquire the license **before this 2021 ban took effect**.
Greenland's legislation has one fundamental rule: the ban does not apply retroactively to projects where licenses had already been legally granted and investors were fulfilling their obligations. 80 Mile thus holds an exclusive exemption – they have in their hands one of the last legal oil exploration permits in all of Greenland, which is valid until 2027 with an option for an extension. Big companies can no longer legally obtain a new license, even if they wanted to.
3. A shift in the geopolitical game: Oil as a strategic asset
However, the situation has evolved dramatically in recent years. Larry Swets and Robert Price openly admit in interviews that their project has strong political backing from the United States. Washington views Greenland as a critical security zone. In a situation where the global energy market is extremely strained and geopolitical blocs are closing up, American interest in Greenlandic resources has rapidly increased.
Projects of this type are initially too risky for big oil companies from a PR (public relations) perspective. Big players, therefore, often choose a strategy of leaving the "dirty and risky work" to small, aggressive firms like 80 Mile and $GLND.
If Halliburton actually proves during the autumn drilling that oil flows in the Jameson Land basin and the project is commercially viable, the situation will change instantly.

