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.

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Oceanic Iron Ore Corp > Iron Ore prices

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Comment by BugsyMaloneon Jan 21, 2022 5:31pm

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Post# 34345017

RE:Iron Ore prices

Look again at Mineworx (MWX).

They just announced that they just sold their 7M tonne non-compliant/historic IO resource in Spain for $20M. It is 200km from tidewater, not permitted, no studies, and a lower grade than ours. What does that make us worth??

If 7M tonnes is worth $20M how much is 1.4 billion tonnes worth?

Bugsy

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