May. 18 at 11:30 AM
$IPST $SIMO $DXYZ $POET
Folks, I really don't know how to begin with what I recently discovered. Never in my life have I ever seen a stocks potential so inconceivably massive, yet so plausibly to see. So I'll preface it by saying this. It would be a vast understatement to say this stock's potential is insanely massive. We've all heard that before. Particularly for folks that have known me over the years. A lot of people thought I was crazy, for saying this. However, in the end, people started paying attention as the results validated my claims.
So in the past, I've played nothing but OTC's (Penny Stocks) and I've made massive gains in buy and hold plays. My last play was a 70x. The one before that was 100x. Before that, 80x. Then 129x. I only have one big play every few years where I typically go all in. And this is the next one. However, this stock I discovered trumps them all by orders of magnitude. It's a Nasdaq stock and they just went public a couple of months ago and it's flying completely under the radar. It's a story stock with the CEO actually taking you on an adventure to Greenland. It's trading currently around
$3.00 a share. The stock ticker/symbol is. (Drum roll please; lol)
$GLND.
Alright, so here we go folks. Their o/s is 45 million, and their float is roughly half that. Their current market cap is around
$132 million. There is no dilution or any convertable notes where investors might get blind sided. They've raised
$70 million through their ipo/spac to drill 2 well oils in Greenland (the Jamison Basin) in which they control 70% interest. They're setting up their logistics in September and will drill on the 1st of October this year. They have the rights to 2 million acres in Greenland, however just with these 2 wells, those reserves are estimated to hold a whopping 13 billion barrels oil in reserves. Which equates to
$1.365 trillion dollars. Yes, trillions just for those 2 wells to start off with. This very well could be the most significant discovery in the past several decades.
So ARCO has already invested the equivalent of more than
$275 million in today’s dollars evaluating Jameson, conducting detailed field mapping, acquiring approximately 1,800 kilometers of 2D seismic data, and constructing the Constable Point Airfield that remains a key piece of regional infrastructure. Despite identifying substantial oil potential, the basin remained undrilled due to corporate strategy shifts and macroeconomic conditions rather than unfavorable technical findings
Greenland Energy has reprocessed the legacy seismic data with modern technology, identifying more than 50 distinct oil and gas targets with structural and stratigraphic trapping potential. An independent Sproule ERCE engineering report indicates upside of 13 billion barrels of recoverable oil across the basin.
*But the Ceo said, when his independent engineering report gave him the numbers, all they could see were the seismic lines Arco did, and those lines were pretty sparse, so they couldn't see in between those. He said they couldn't look at the deeper horizon, so it could be significantly larger than 13 billion barrels of oil. Wow...
Alright, so let's talk numbers...
Just to put things into perspective, Exxon Mobil bought out Pioneer Natural Resources a couple of years ago for
$64.5 billion in which they had 2.4 billion barrels of oil equivalent in proved reserves. However, the Ceo said that the unproven reserves was estimated to be massive, giving the combined companies an estimated 16 billion barrels of oil equivalent across the Permian Basin. Exxon produces about 1.7 billion barrels of oil now every year, and has a market cap of
$650 billion.
So here's the thing. Let's talk about a buyout scenario which is highly plausible once they get confirmation where they start drilling this October.
Here's a list of buyouts from small oil companies with proven reserves.
(Note, none of these companies own their oil and gas reserves outright; instead, they operate through a mix of long-term government leases, licenses, and concessions, combined with fee-simple surface acreage where they do own the minerals)
-2023- Pioneer Natural Resources, bought out for
$64.5 billion w/ a proven 2.7 billion BOI. (potential unproved reserves several billion)
-2025- Hess Corporation, bought for
$53 billion w/ a proven 1.2 billion BOI. (potential unproved reserves 11 billion)
-2019- Anadarko Petroleum, bought out for 38 billion w/a proven 1.5 billion BOI. (potential unproved reserves 10 billion)
-2024- Marathon Oil, bought out for
$22.5 billion w/a proven 2 billion BOI. (potential unproved reserves 700m to 3 billion)
-2021- Concho Resources bought out for 9.7 billion w/a proven 1.3 billion BOI. (potential unproved reserves 5 billion)
If they can confirm 13 billion BOI, that would trump every buyout mentioned above. Keep in mind these are just for the 2 wells and I haven't even accounted for their gas exploration. I believe they could get bought out/merged for anywhere in between
$100 billion to
$250 billion, or maybe more. Listed below is an example of what the share price would like with different buy out offers.
$50 billion / 45m shares =
$1,111 per share.
$100 billion / 45m shares =
$2,222 per share.
$200 billion / 45m shares =
$4,444 per share.
$250 billion / 45m shares =
$5,555 per share.
So the Ceo, Robert Price, recently stated that he is already in talks with an oil giant and several refineries that are keen to purchase the anticipated oil. Let's say hypothetically, they start selling 1.7 billion of oil every year at a
$105 per barrel. They could generate in net income,
$40+ billion per year, when you factor in oil prices, costs, taxes, and efficiency and today's fundamentals. That would give us a market cap
$600 billion plus.
$600 billion / 45 million shares =
$13,333 a share. That's 4,444x your money.
Robert Price also said they believe their break even price would be
$25 a barrel, and that includes the export of the oil.
There are lot of prominent institutional investors, insiders have been loading up in recent weeks and have not sold. Speaking of institutions, Joe Moglia, the former CEO and Chairman of TD Ameritrade, is now the Executive Advisor to the Board of
$GLND.
Again, there is no dilution to speak of and no convertable notes. Unequivocally, the most profound catalyst is this October to substantiate the unproved reserves of 13 billion barrels of oil. Once they prove it, then hold on for dear life. Their valuation would jump up considerably by epic proportions. That's not hyperbole. It's a fact, once they validate it. And when that happens, worst case scenario, and I'm undercutting it by a lot, they should have a bare minimum of a
$20 billion market cap. Divide that by 45 million shares, and that equates to
$444 a share. That's a worse case scenario with a very low valuation.
But as of right now, they should have at least a
$2 billion to a
$5 billion market cap considering what they have. That equates to
$45 a share to
$111 a share. That's where they should be trading at today in my humble opinion.
The cost would be fairly inexpensive as they're not doing any fracking or horizontal drilling as compared to the U.S shale, or any off shore drilling. This is all on shore. So the profit margins would be higher compared to as the aforementioned above.
So
$1.3 trillion in proven or unproven reserves for any company in one area, is unheard of. But it might much more than that folks. This is unreal...
But don't take my word for it. Do the D.D for yourself. Then you decide. How much potential does this have? I can tell you one thing, this consolidation and churning period won't last long and the story & hype will only continue to grow.
Also how often do you ever get in at the very bottom of a stock, only to see a massive run? I've done it quite a few times. I feel very fortunate to have done so. You guys can get in where I bought.
There's a lot of D.D out there, but check out how the story begins with this Video where the story and adventure begins.
https://vimeo.com/1129242924?share=copy&fl=sv&fe=ci
Check this one out as well.
https://www.youtube.com/watch?v=AG8t6pXORWA&t=323s
