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.

TSXV:FEO - Post by User

Oceanic Iron Ore Corp

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Comment by schoron Jun 14, 2012 9:07am

220 Views

Post# 20012412

RE: RE: v.feo

More insider buying.

Jun 13/12 Keep, Gordon Direct Ownership Public market buy Common Shares 0.180 200,000 16% 1,472,500

Jun 13/12 Gorman, Alan Peter Francis Indirect Ownership Public market buy Common Shares 0.170 - 0.175 10,000 3% 348,000

Possibly some other insiders are selling and these guys are supporting the stock as much as possible. Can't find any other reason for the heavier than normal action.

schor

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