Greenland: Brazil of the Arctic?

I hope readers make sure to check out Dan McGroarty's latest RCW column on Greenland. here is the money quote:

The largest island on Earth that is not itself a continent, Greenland is home to 58,000 inhabitants - and a treasure trove of resources, ranging from oil and gas to uranium, molybdenum, platinum, coal, gold and diamonds. In resource terms, that makes Greenland as a stand-alone state something akin to Saudi Arabia - save that the Saudis are a uni-dimensional resource superpower, shackled for better or worse to the petro-economy. Greenland today subsists largely on its shrimp, salmon and cod fishing industries, supplemented by transfer payments from Denmark, which amount to nearly half of its government revenues. Take it as given that an independent Greenland will harness its economic future to its resource sector.

Greenland's new step toward independence comes as its neighbors - Norway, Canada, the U.S., and Russia - have taken a new interest in the Arctic region's resource potential. Europe's East-West conflict, revived by a resurgent Russia, is likely to play itself out on the northern front. Will Greenland, a de facto NATO nation via its status as a Danish territory (the U.S. has maintained Thule Air Base on the northwest side of the island less than 1,000 miles from the North Pole since 1941), see its future security interests aligned with NATO - and will NATO offer an independent Greenland full alliance membership? Russia, in its latest strategic military forecast, avers that military conflict over resources is a possibility for which it is prepared. This conjures a scenario when a future president orders American troops into a "blood for oil" conflict north of the Arctic Circle.