Trump said Greenland’s strategic location would allow American defense systems to intercept incoming drones, missiles, and other potential threats.
Last month, the U.S., Denmark, and Greenland reached an agreement to expand America’s military presence on the island.
GLND shares are tracking their first gains of the month.
Shares of Greenland-based firms, Critical Metals (CRML), Greenland Energy (GLND), and Greenland Mines (GRML) surged in premarket trading on Wednesday after U.S. President Donald Trump announced plans for large-scale oil, gas, and mineral exploration in the country.
GLND shares were up 57% at the time
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