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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 36,039 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

Bullboard Posts
Comment by sololeoon Dec 22, 2012 10:19am
109 Views
Post# 20764700

RE: RE: RE: RE: Insider Buying

RE: RE: RE: RE: Insider Buying

Thanks mudguy. As you allude to...a rising tide will float all boats, and I'm hopeful the tide turns for all of us come 2013. Specific catalysts should benefit 'real' undervalued quality mining projects (like FEO and another company we share in common - CCY) even more than those junior resource companies that exist more to extract money from investors pockets than to find and extract resources from the ground. If some of the headline macro situations that have been strong headwinds to stocks in general, and junior resource plays in specific, resolve then I'm optimistic that 2013 will be a profitable year for us. Cheers!

Bullboard Posts