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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

TSXV:FEO - Post Discussion

Oceanic Iron Ore Corp > Fe ore price
View:
Post by InvrsContrarian on May 13, 2021 1:32am

Fe ore price

To stay higher for longer now. They project out to 12-18 months at the current price and higher. Someones gotta have $1.2 billion burning a hole in their pocket for a $30 a ton operating cost .
Comment by LionWhisperer on May 13, 2021 9:13pm
This post has been removed in accordance with Community Policy
Comment by InvrsContrarian on May 14, 2021 4:34pm
Yes, a great value, a rounding error for the purchase to start the mining.
Comment by Swl1896 on May 15, 2021 11:55am
We have about 170 million shares when fully diluted so I think we need to see a valuation of at least $200 million to make it go.
Oceanic Iron Ore Corp
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