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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

Post by Shlinker_on Mar 03, 2022 1:56pm
132 Views
Post# 34479973

Industrial Alliance

Industrial Alliance Is likely Roche Bay PLC? Either way, they are Royalty holders selling some of their stake right now. The stake is huge, and they have shareholders to appease. It's at or below their current average cost I am certain. I would like to know who is buying is all, it isn't a retailer holder(s). I see this as bullish no matter how you slice it. Patience is required though, could be a while before they go to production or sell the massive/near pure resource. Management team in place to get this finalized.
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