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Bullboard - Stock Discussion Forum Oceanic Iron Ore Corp V.FEO

Alternate Symbol(s):  FEOVF

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 > Morgan Lake and Roberts Lake
View:
Post by Swl1896 on Mar 24, 2021 12:05am

Morgan Lake and Roberts Lake

Hopes Advance is just a part of the overall resource that they have.  Check out the 2013 presentation.  Pages 35-37 talk about Roberts and Morgan Lake. 

https://oceanicironore.com/_resources/presentations/01_28_13_-_PFS_Investor_Presentation_-_JAN.pdf
 

This resource is world class.  Very large.

Comment by Drillheaded on Mar 24, 2021 1:14am
Just for comparison. Check out the Simandou project in Africa. Holds around 8.6 billion tons of 65% iron. Sold to the Chinese for massive 14 billion on top of a crazy capax (e.i 500-600 km rail). From memory we have around 1.4 billion tons but have only explored 3 of of 10 zones. I don't say we will be worth anywhere near that amount but it's food for thoughts...
Comment by LionWhisperer on Mar 24, 2021 8:22pm
This post has been removed in accordance with Community Policy
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