Greenland Update

Raytheon Company (NYSE: RTN) has completed the construction phase of the Upgraded Early Warning Radar (UEWR) at Thule Air Base, Greenland.
The radar is a key sensor for the Missile Defense Agency's Ballistic Missile Defense System, providing target detection and tracking to protect the U.S. and other nations from ballistic missile attacks.
Denmark, a NATO member, permits the development of U.S. missile defense systems in Greenland, which is a Danish province.

Related News:
Las Vegas-based Arctic Oil & Gas has controversially laid claim to nearly all of the Arctic Ocean's undersea oil said Thursday that new geological data suggests a "potentially vast" petroleum resource of 400 billion barrels.
That figure is backed by a respected Canadian researcher who recently signed on as the firm's chief scientific adviser.
story is HERE

Vancouver-based TRUE NORTH GEMS has committed $9.5 million for a pre-feasibility study and continuing exploration of its ruby-bearing prospects in Greenland.
more HERE