Oceanic Iron Ore Corp V.FEO

Alternate Symbol(s): FEOVF

Steel Steel

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 36,039 hectares of iron ore formation and are located within 20-50 kilometer of tidewater. These properties comprise approximately 3,703 claims which are located over 1,568 square kilometers along the northern extension of the Labrador Trough in the Nunavik Region of northern Quebec. The projects cover over 300 kilometers of iron formation.

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Oceanic Iron Ore Corp > Ceiling

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Post by helpline88on Sep 29, 2020 4:59pm

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Post# 31639161

RE:RE:RE:Ceiling

Yea Beedie has fallen in love with this deal. I have seen it before where insiders fall in love with their own deals. Doesn't mean a deal is going to get done though. I find it ironic he could be using the interest he is getting from his convertible debentures to buy the shares.

Many years ago I fell in love with this company. It looked so good on paper. I thought I was being smart buying the shares. But I don't love it anymore. Almost 10 months into another year and still no sign of a move forward. Could still be years away. Who knows.

Anyway I wish Beedie good luck.

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