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Arianne Phosphate Inc V.DAN

Alternate Symbol(s):  DRRSF

Arianne Phosphate Inc. is a Canada-based development-stage phosphate mining company. The Company is engaged in the development of its Lac a Paul phosphate property located in Quebec, Canada. The Company specializes in the extraction of independent phosphate rock. The Lac a Paul phosphate deposit is located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. The Lac a Paul project encompasses three Nitassinan Innus: Pessamit, Mashteuiatsh and Essipit. The Lac a Paul project is an undeveloped phosphate deposit globally. The Company’s subsidiaries include Oroplata Exploration Inc., Arianne Logistics Inc., 9252-5880 Quebec Inc., and Point Comfort Explorations Inc.


TSXV:DAN - Post by User

Comment by Tree2treeon Dec 20, 2022 9:52am
316 Views
Post# 35181879

RE:Ability to produce but not to sell..

RE:Ability to produce but not to sell..Loney, you should have done some basic research before investing.  DAN is nowhere near having a product to sell.  They have done exploration and testing, but there is NO MINE and NO SHIPPING INFRASTRUCTURE.  This project will require a huge capital investment and years of construction before it can sell anything.  And the profitability remains very doubtful, which is why the potential investors are not stepping up.  (Note that the fairytale 'Feasibility Study' was based on fictional fertilizer prices.  That is a tactic bordering on scam, that destroys the company's credibility with investors.)  And as others have pointed out, there is no agreement with First Nations after so many years.  The odds are still against this project going ahead in the foreseeable future.  The proof is that even increasing fertilizer prices have not generated any interest from investors.
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