Bullboard - Stock Discussion Forum 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... see more

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TSXV:FEO - Post Discussion

Oceanic Iron Ore Corp > $1.50

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Post by Swl1896 on Mar 18, 2021 10:03am

$1.50

I would be happy if Curious777 was correct with his $1.50 target some time ago. Maybe the current Fe prices could push that higher...maybe $2.

I wonder if the debenture sale was a negotiating tactic? Saying that they are in no rush. Insiders just increase ownership %.

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Comment by InvrsContrarian on Mar 18, 2021 5:05pm

I've been wondering into the materials side of investing the last few months, I guess tech is out, metals are in. Good volume today.

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Comment by Curious777 on Mar 19, 2021 11:15am

Should I stay or should I go now? Should I stay or should I go now? If I go, there will be trouble And if I stay it will be double A long long time ago I decided to stay... comparing this Feo to a loto ticket. A potential jackpot: The high value asset exists and I trust it will be acknowledged soon or later... but the drawing date is undetermined... "Champagne" is in the fridge ...more

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Comment by Curious777 on Mar 19, 2021 11:59am

As for valuation ($) of a transaction tough to do when so far from the drivers seat. Ideally, there is a motivated buyer comparing the Feo world-class asset to the second best available... Since Champion (Cia) picked up Bloom-Lake for peanuts, I think the current context offers good negociation range to the Feo's dream team. How much will remain a mystery till closing - but in this ...more

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