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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 Jul 31, 2023 1:17pm
171 Views
Post# 35565080

RE:RE:RE:Arianne Phosphate: Discussion

RE:RE:RE:Arianne Phosphate: Discussion Marketplay, when you asked for "discussion", it sounds like you are asking for encouragement to keep on believing that DAN will build a mine and that shareholders will be rewarded some day.  Unfortunately, that doesn't happen for most mineral exploration companies, and money invested ends up being lost more often than not.  DAN is so far not looking like the exceptional project that gets built and makes a profit.  The reason is simple, real mining investors have studied the project and found that it is not likely to be profitable, especially the way mining costs have been rising.  So they are not ready to invest hundreds of millions that they might not get back.  It seems you have not yet understood the basic reality of junior mining companies, and reality vs hype.

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