Dow Gains Over 100 Points; US Inflation Rate Rises In September
U.S. stocks mixed: Dow up, Nasdaq and S&P down as September inflation hits 3.7%, above forecasts. Oil rises; gold and silver fall.
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Greenland Energy Responds To Short-Seller Report, Defending Its Exploration Strategy, Finances And 13B-Barrel Potential; Says "GLND Is An Exploration-Stage Oil And Gas Company Focused On The Development And Advancement Of Its Exploration Activities In Greenland. We Currently Have No Earnings, No Production And No Proved Reserves. Our First Well Has Not Been Drilled. We Said All Of This Ourselves In Our Prospectus And Our 10-Q, In Plainer Language Than Fugazi Uses."
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Greenland Stocks Rally as Trump Teases 'Massive' Oil Hunt
Trump’s Greenland exploration claims send related stocks soaring, with Greenland Energy up 90% and Greenland Mines rising 44% premarket.
Greenland Energy shares are trading lower. Fugazi Research issued a report on the company titled "GLND: Billions of Barrels on Paper, Zero From a Well".