Started bidding a position here in $GEOM. Been watching this for a couple days waiting and looks to be bottoming here. Basically its a token launched by 2 Nasdaq companies Greenland Energy and USFM.

Larry swets JR chairman of Greenland energy launched Geom with a net worth of 400M.

Greenland energy ticker GLND Nasdaq are drilling in october in Greenland and expected to find 13B barrels of Oil

It’s essentially the tokenization of the oil and will give out 1-2% of the oil royalties to holders and once they start drilling especially depending what they find could see 50-100M MC.

https://dexscreener.com/solana/9nHqVFew1awxmtMjaoeY5K6beH3xUwzPjGVWBHcoyxv7

https://www.geom.org/

https://x.com/geom_global

https://x.com/i/communities/1915819470725018039

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