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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
Post by DarynDon Feb 08, 2013 1:30am
248 Views
Post# 20956200

Economic Study....

Economic Study....

Today, Globe Investor upgraded its rating from 3 to 4 star based on the economic analysis led by former Rio Tinto Metallurgical Engineer...

Paul Vulcantech will recommend a comprehensive marketing strategy to Oceanic in order to optimize the product placement and revenues associated with future production, currently planned to commence at 10 million tonnes per annum during 2017. The Company anticipates that the Study will conclude during the second quarter of 2013 and that the results will support Oceanic's current and future efforts to secure off-take agreements with potential customers.

Good news in the second quarter would be nice. Price is holding steady at .20 warrants are .03 and .04.

Bullboard Posts
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