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Bullboard - Stock Discussion Forum Oceanic Iron Ore Corp FEOVF


Primary Symbol: V.FEO

Oceanic Iron Ore Corp. is a Canada-based exploration-stage company. The Company is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The Company is focused on the development of the Ungava Bay iron properties in Nunavik, Quebec. The properties comprise three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The properties cover over approximately 36... see more

TSXV:FEO - Post Discussion

Oceanic Iron Ore Corp > RE: Steven Dean said
View:
Post by helpline88 on Jan 24, 2023 5:18pm

RE: Steven Dean said

Yes,  if you look at the underlining value of the project there is deep value but with Steven Dean as Presdent that value goes away. He has been a director of this company for a dozen years and he has created no shareholder value. What makes you think he will now? 

I see Champion Iron (CIA) (the other Quebec iron ore company) closed today at $7.41. The management of Champion are excellant. Creating substantial shareholder value for their shareholders. 

Looking like 2023 will be just another useless year FEO. Fortunately for me I dumped most of my shares a couple of years ago in the mid to low $.20's. I took the money and got into something better. I have making money with those funds. With inflation and opportunity loss hanging on to this joke of a company just doesn't make sense. Dean will continue to dilute the shares to the point there isn't much left for the small shareholders.
Comment by gossamer18 on Jan 25, 2023 1:14am
This post has been removed in accordance with Community Policy
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