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 > Rio Tinto

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Comment by Shlinker_on Feb 23, 2022 9:53pm

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Post# 34456273

RE:RE:Rio Tinto

I agree. Keep holding or add. Eventually this group will get it done, and when they do it's lotto time. I firmly believe eventually this co will be sold outright at a premium or will decide to produce pellets themselves (less likely). I see 1.20-3.00 per outstanding share. The resource is there.

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