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 > Management's focus

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Post by helpline88on Apr 28, 2022 10:52pm

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Post# 34641071

Management's focus

In 2021 the company spent $115,000 on Mineral Property expenses and $360,000 on Depenture interest expenses.

Just another wasted year and when the sector was so strong. What a joke this company is. Just a bunch of rich guys sitting on it. All these years.

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