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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 deposits located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits produce an igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company is specialized in the extraction of independent phosphate rock. The project is an undeveloped phosphate deposit globally. The Company’s phosphate is used in fertilizer production, preservatives, animal feed, fungicides, water treatment, the beauty industry, metallurgy, and advanced battery technology. The Company's subsidiary is 9252-5880 Quebec Inc.


TSXV:DAN - Post by User

Bullboard Posts
Comment by SilverMounton May 30, 2012 11:57pm
250 Views
Post# 19963906

RE: No mention of titanium!!!

RE: No mention of titanium!!!

So, do you truly believe that DAN should issue over 1 billion shares (1,000,000,000.00) @ your predicted .70 range price to get the cash needed to cover total initial CAPEX of 795 million???  You made me raise the biggest eyebrows ever!!! Correct me if I am wrong, but these types of projects are meant to be bought out by majors, unless the government decides to step in to nationalize the project, like in Venezuela, of course.  Titanium is the wild card and will be used at the best opportune time, imo. Either you trust management or you don’t.

GLTL

SM

Bullboard Posts