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Bullboard - Stock Discussion Forum 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... see more

TSXV:FEO - Post Discussion

Oceanic Iron Ore Corp > Research Capital Corporation
View:
Post by Swl1896 on Feb 23, 2023 8:59pm

Research Capital Corporation

I notice RCC has been involved in some recent FEO buying.  I wonder if this is a sign that something is being put into motion to raise some capital.  They seem to do a lot of private deals for 3-10 million.  It would kill us on the dilution side.  I hope they are just buying shares for a client rather than crushing the value of my FEO shares.
Comment by Shlinker_ on Feb 24, 2023 6:03pm
I imagine any money raise would be directed at feasibility or environmental studies/permitting. I would welcome the dilution because that means there is interest from someone richer than myself.
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