Tekoa and I both bought positions in Oceanic Iron Ore Corp. ($FEO.v) today and wanted to have it on the record here, as well as Twitter.

Oceanic announced a pre-feasibility study last week. Here are interpretations from Macquarie and TD Securities for those who are interested.

$FEO.v has a well-known CEO in Steven Dean, former president at Teck. We are hoping to interview Mr. Dean over the next few days.

Disclaimer: This is a speculative trade for us and not investment advice of any kind. We reserve the right to sell our positions at any time without notice. Always do your own due diligence and talk to a licensed investment advisor before buying or selling any security.