Back up the Truck - Like the insiders are doing.
When you see Chinese names like; Chan, Liu, Tao placing bets on a stock it's usually with a well educated guess :) And when they are insiders they are not doing it to just appear on insiders lists.
The Chinese know a lot about Iron Ore. And this property of Oceanic has an enormous high quality world class deposit.
The CEO who over the years has been timid in buying shareshas also just bought over 500,000 shares in the public market.
For people who are familiar with the CEO, this is a very signicant tell.
People are going to get filthy rich on this stock. It's fair value is probably close to $0.80 a share or higher.
Who are the people hamering this at $0.085 ? Don't care because there is too much insider ownership at stake to let this thing go for under $0.40.
Did I mention mining legend Frank Giustra has also accumulated a chunk of this company.
They've already drilled and done tests - the deposit is friggin there - no mystery.
There is a mystery actually - who is selling at single digits - it's not the insiders.
Back up the truck on this one and wait a few years, although as has been mentioned in this forum likely this will be taken out sooner than later.