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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

Comment by IsThatYouDarylon Nov 11, 2022 9:26am
64 Views
Post# 35091029

RE:What this means

RE:What this means Dead money for most here for a decade and yes it was a proven deposit way back then.....I think with insiders controling most of the float my guess over 80% that these guys might just make a offer for the 20% they dont own go private and sell it that way.....Offer retail 20 cents many might take it now.....SAD that they have not had the smarts to do anything with this project......They do have shareholders they are accountable to but dont give a shet about them.At least Gorman let Retail come in on the odd PP before
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