How Greenland's Untapped Oil Reserves Could Reshape Global Energy Prices + small cap charts

Ajouté : 2026-05-24

[00:00:07]Hello everybody. This is Justin from Breakout Cup Adventures. It is Saturday the 23rd of May 2026. Uh just going to start with uh GLND or Greenland Energy Company again. Uh because there's been a bit of news this week. Uh you know, share price hasn't been great, but you that's to be expected. Uh yeah, I we'll come on to the chart in a minute, but I've just got this article here where um uh Jeff uh Laundry, who is serving as the President Trump's special envoy to Greenland, said Friday morning that the Danish territory could play a role in bringing down energy prices amid the Iran war after his eyeopening visit there visit there this week. launches uh was asked by Fox News Charlie Hurt about the untapped resources the Trump administration is targeting on the island which the president has long expressed desire to acquire for the US.

[00:00:59]Uh Greenland could be exporting 2 million 2 million barrels of oil a day right now. Laundry set think about what that could mean. Think about what uh what kind of pressure that would relieve on the straight of humus. Well, the only company that is drilling for uh oil uh over in Greenland at the moment with with a significant re resource to my knowledge is Green uh Greenland Energy Company. There isn't another one. I mean, put it into AI search the only one that comes up is is with GLD. So what they're talking about here is Greenland Energy Company uh you know and they're saying based on whatever information that they've got which obviously you we're going to be coming up for the drill fairly soon uh you know that sort of you we're going I I think news flow is going to heat up around beginning of August uh and we're going to have that all the way through to sort of you know probably end of the year. It's it's going to be phenomenal uh in my opinion because this is sort of you know Trumpbacked US backed this is what they want and they're seeing that this could potentially ease the pressure from for Europe uh and Australia humors so the Iran situation this is the key to a lot of global events from the US's point of view uh right or wrong uh but you know from Greenland Energy's point of view they're saying that it could producing 2 million barrels of oil per day. I mean, that's astonishing. Uh, you know, this company is only worth it's worth less about $120 million US. It's got $70 million US in cash. Uh, so, you know, it's worth peanuts. Uh, you know, compared to what it could be worth. I mean, the prize on offer here is phenomenal. It's off the scale. Uh, you know, so if I just go to the chart, yeah, you know, so we're in that blue box reversal zone there. He's just had a bit of a choppy week, but you know, I think people get upset. You know, they bought in my my average is higher than what it is. Uh, you know, currently trading at ambsolutely not. You know, that's the that's the name of the game.

[00:03:10]You know, if you've not been 10, 20, 30% down in small cap business, then yeah, you know, get used to it. That that's just what happens. So, uh, you know, for me, you know, first, as I said last week, first point of call, you know, you've got that gap fill at 5.3. I think that's going to happen. Then but I by July I think that that gapfield would have been uh done and well done and dusted and then the real business can get underway as we start to unravel what's going on uh as the new news flash comes out. I I tweet I posted that over on X. In fact, somebody asked me, didn't they uh on YouTube, do I hold G&D? Yes, I do. And I actually disclosed that over on uh X. I've got a few long-term holds uh and you can read those over on X. uh uh you know Breakout CV is my uh name over there. So have a look. Uh but yeah, you know, I do hold quite a few stocks.

[00:04:01]Uh and this is one of them uh as part of my portfolio. Uh but um you know, and I'm I'm really excited. I think, you know, once this all kicks off towards, you know, as I say, I think beginning of August is where we're going to get the news flow really kicking in. Uh the press is, you know, if that continues over there, you know, you got the Trump effect. uh this could be outrageously um massive. But yeah, you know, nothing is guaranteed in this world. So, please please do your own research. Uh but um you know, uh where do I think that's headed? As I say, I've got that red box there, 18.21, 22.41, and possibly 27.77.

[00:04:37]I mean, it could go even higher. It might not get there, of course, but uh you know, it's it's certainly looking to me like it's going to be a a very very exciting drill as we go through the summer months. And summer for me, generally speaking, small cap world isn't very good. So, uh I'm hopeful that's going to change my fortunes during the summer months. So, uh fingers crossed. Uh but there we go. So, I'm going to move on. UPL is my next one.

[00:05:01]And another one, and I've disclosed, yes, I do hold it. It's a long-term hold or a conviction hold. Uh I'm and I'm hopeful that this one here, if I get the right one, of course, uh is uh going to have another leg to the upside. Uh I got a blue box reversal zone down there at 2.02. It didn't quite make it. Uh but um you know, I probably wasn't really expecting it because I'd loaded up around this figure here about 2.4. Uh so that's where I'm in at. And uh you know, where do I think that's heading? Well, you know, it needs to break a hold above this 3.95. But if we can break 3.95, it should be going up to this uh red box here at 5.56 and possibly 6.84 and possibly 8.48 p. Uh you know, it's got that prior high there at 9 p. I don't think we're going to beat that, but you never know. Uh very nice if it does, but that's where I think that's heading hopefully short term. So uh you know, there's there some news due out of the company and yeah, I've written notes on that and I forgot to read them before I did my podcast, but um you know, you can have a read of those. uh and uh you know read upon it. It looks like it's into a newsrich period and fingers crossed that looks like the corrective moves kind of uh you know almost over and hopefully we can start that leg to the upside as I say break and hold above that five and a quarter sorry four and a quarter pads is going to activate that red box there. So fingers crossed. Uh next we're going to do is at uh sorry no MDH MDH is my next one. Uh Mendel Heedium uh this one here uh we gave that a long time ago. We gave that down here and we said we going to go to that blue box. Excuse me. Uh which was correct. It went shot slightly above uh and uh but you know we're back down here. It's really interesting sort of correction move for me. And this is you know I probably see this playing probably a little bit lower though there and then you know shoot up and uh break this prior high here at 7 and 12 p.

[00:06:57]Break and hold above that. It's going to activate this red box here. And you know, this is my red box which I've calculated from the trading data here.

[00:07:04]And that was my red box from the trading data down here. So, uh, you know, both are actually playing out or or both confirming that uh the calculations did back here are correct. So, that's just fantastic, isn't it? You know, I think that's really nice to see. But, um, so you hope hopefully speaking that's, you know, 100% accuracy on that one. So MDH looking pretty good for another ride north. So uh yeah, that's the way I see that one. Fingers crossed. Uh next one I'm going to do is ATM. And uh this is the other half or the uh 30% of uh GLND.

[00:07:40]Uh and uh you know ATM is going to have uh you know a pretty exciting sub as well. You know they've got more than just 30% over in GLND. Uh they've got some other uh bits and pieces as well.

[00:07:54]Again, the ones I've written notes on and didn't read them before I came on and I just can't remember them this morning. Uh but uh you know so basically you know at the moment it's having a bit of a downturn. I think that's going to be over fairly soon. I think you know come July. So it might hopefully have some sideways action up until July. Uh but you know from that blue box there that I think that's where you're going to be need to be loading up. And uh you know then once the uh summers kicks in and uh the the drill bits start turning I think that you're going to be see trading uh you know up here. So you know hopefully it's that's around the bottom.8 um need to go up and break a hold above 1 and a half P. Once we've done that's going to activate this red box here and you know from there we should expect at least 2.2 2.56 and possibly 3P. And I'd be more inclined to think 3 Ps are realistic, you know, but um we'll wait and see what happens. And and obviously if they get positive results, it's going to go much much higher than that. So uh but it's going to be a chopping ride. Uh you know, as everything is, but um you know, that's certainly one to pop on your watch list.

[00:08:57]And hopefully I'm going to cover off a bit more fundamentals on that one in my next podcast or another podcast soon. Uh the next one I'm going to do is MKA and uh this one here, let's just get that one. from Mango Resources and uh you know another one that h you know we gave that blue box reversal zone at 14.9 down to 36 p it fell slightly outside of it but h you know it's done really well to pull back up and uh you know fingers crossed what it needs to do now I think a break and hold above so a close above about 72 p if you can do that it's going to activate that box there which is 97.8 up to 117.8 8 P. So potentially, yeah, a good bagger in MKA, isn't there? So, you know, that's where I see that one headed. Could go higher, of course, but you know, there's always going to be a lot of uh resistance at big round numbers, and one pound is definitely a big round number. So, bear that in mind.

[00:09:46]Uh, next one I'm going to do is Forge Forg. And I think it's the first time I've covered this off, uh, but it's had, uh, outrageous volumes. Uh, but, um, it's got a, you know, 0.01 0146 is is the share price. So, you know, billions of pounds of billions of shares traded uh nominal value really, aren't they? But uh yeah, what what I find interesting about that is well, you know, to me it's a one, two, three, four, five, and uh you so look at the RSI. You know, we've got a rising uh RSI on a lower low. That's actually positive. Uh so uh you know for those who don't understand it where do I think it's heading? Well uh you know you should get a three-wave bounce from around this level. No guarantees but um you know from around this level should get at least a three-way bounce and we've got a gap there at 022. So that's going to be your first point of call.

[00:10:41]It's roughly about you know about 80% probably a little bit more than that uh return on your money. But you know ideally I'd like to see a bit better corrective than move than that. So if I just change that there. So, ideally I'd like to see that done there. Then a little pullback perhaps and then hopefully we get another leg to the upside. So, uh but yeah, wait and see on how that one unfolds. I don't know anything about it. So, one need to research, but um there you go. FO RG worth popping on your watches, see what's going on there. Uh next we're going to do is Ty. Um because this has just had an atrocious week and um yeah, you know, it is what it is. It's small cap world for you. But uh you know almost at the bottom of that box 00636 I think there's a lot of uh negative posters on us at the moment but yeah I think they're just after a cheaper entry. I I think you know as I said for me it's a buy hold wait till the end of the year. You know just forget about it until the end of the year. That's all the news is going to be kicking in. Uh you know you've got the uh loads of JVS potential uh drilling. You got potential new JVS to uh be announced. Uh you've got drilling of their 100% own project and there's other things on the side.

[00:11:54]The SW Sweden uh project project and I did actually uh post about the Flowersport um uh you know it's basically coming into fashion. It's it's it's a mineral that's not really discussed but it's coming into fashion because it's shortage. The share sorry the price of it is going up. And I I think that, you know, if they could get the just any positive news on anything, it's a three half million pound market cap company, it's going to fly, you know, 10 million pounds, 20 million pounds. Uh but you, you know, obviously they're going to need money. Hopefully they raise money on the way up rather on the way down. Uh but um you know, but yeah, obviously all companies going to need money in order to drill. They don't have an income. But um you know it's it's it's one for me buy hold and I think at some point we're going to be seeing 02 uh you know and that one probably even higher. That's a couple of B where it is uh short term. So as I say shortterm that's within sort of six months fingers crossed. So worth doing some research on that one. Uh next one do is uh A and it just one just caught my attention and I don't know anything about it. does not want to hold. Um, you know, but it's caught my eye as a chart.

[00:13:02]Uh, but you know, the volume here is zero. That's not good. Uh, you know, it's from so from a liquidity point of view, it's very difficult to get in, very difficult to get out. And that's the key, you know, very difficult to get out. However, you know, it's it's it's bouncing around here right on this blue box reversal zone here at 62 p. It's had one wave up to the upside from a sort of a long-term reversal zone. And those who follow me will know that uh you know I like three waves. So one that's your two that's your three. So uh worth doing some research on that one. Uh you know because it just seem to be consolidating nicely there. It doesn't have buyers doesn't have sellers. That's even better. Um so that that's really good.

[00:13:46]Get some buyers involved or drop some news and you know that should fly past break that sort of prior high there.

[00:13:52]Breaking hold above 95. It's going to give C up to 123 up to 1140 and possibly 162 maybe higher. So there's at least a bag in a A but do bear in mind it's uh got very low liquidity so you need to do your research and find out what's all about. I don't know anything about it. I go to research it though. Uh the next one I'm going to do is BZT and that's going to be my last one for today. Um and uh just get that one up and a bizant resources long time uh you know been a good one that uh but you know I've got a blue box reversal zone down there at 061 which it tagged and it sort of uh you know had a good reaction to the upside.

[00:14:32]Uh you know where do I see that? Well, you you know, if you can get an entry around that level there, you know, 6 or probably a bit higher because I don't think you're going to get that, but 06, sorry. Uh, you know, and and then we can go up and break and hold that above that.13 level. That's going to give you at least 2 up to.244.

[00:14:52]And I've got a higher box there, but let's just see how that one goes from there. So, that's a bag and a half, you know, potentially in that one. So, uh, BZT, we're doing some research, finding out what's going on there. and do some uh you know before you make decision.

[00:15:05]But there you go. That's me for this bank holiday weekend. Back again soon.