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Bullboard - Stock Discussion Forum 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... see more

TSXV:DAN - Post Discussion

Arianne Phosphate Inc > Sign of desperation by a sinking company
View:
Post by Tree2tree on Jul 17, 2023 8:44pm

Sign of desperation by a sinking company

Unable to advance the project (which would give the public a reason to invest), DAN is hiring marketing consultants (at shareholders' expense) to try and suck in new shareholders.  This pretty much confirms that nothing of substance is happening in terms of project development or financing.  For those into shorting, this could be a promising opportunity to short the shares.

Comment by tweezer1957 on Jul 18, 2023 9:10pm
I am a supporter but to be honest you may be right. I give them six months 
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