Oceanic Iron Ore Corp V.FEO

Comparisons

[helpline88]

I am not sure if anybody on this board is following the progress of Champion Iron ore (symbol CIA). Champion has an iron ore project in Quebec just like Oceanic. Their latest financial fiqures for the first nine months are revenues of over one Billion $ and net income of over $400 million. They have announce they will start paying a dividend. A half dozen years ago Champion Iron ore was struggling but a very smart and energetic management team turned it around and into the huge success it is today. Compare this with Oceanic's do nothing management team. I don't understand what is going with Oceanic's management and Directors. They are content to collect the high interest on their debentures. Why don't they make an effort to move this forward. It sure seems like they have a commercial asset? Just look at Oceanic's company presentatiion. I wish they would explain why we are where we are after all these years.  

Has anybody experinced another company like Oceanic?

[Swl1896]

This is more than just an Iron Ore Company.  This listing on the TSXV is an asset of a small, successful, wealthy group of people.  They have a large, valuable asset and they have the resources to sit on it as long as they want.  Either it gets bought for a good price or it gets converted into something different.  If you have the stomach for a very quiet and long ride this has