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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 trustedpartneron Jun 26, 2012 8:33am
185 Views
Post# 20054095

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

Invested wolf

 

Your points are valid if you look at the glass half empty . What is coming due are warrants , and they can be exercised at any time , your numbers are dead wrong , there's 2 M shares available at 19 cents maturing by yrs end , these are from a flow through 2 yrs ago that raised 2.5 million $ , and most have been exercised , most of it is closely held group and management so don't expect a drop on that front ,, the glass half full argument is this gives them more cash , less to raise for the feasibility expenses . I don't k ow where u heard they will have a flow  through if u can tell me let me know cause I've participated in every one since 2007 . As I mentioned , I guess u didn't read my post , a financing will be announced shortly and there will be no dilution , this is what management said to us . As for the other warrants due , they are exercisable at 1.50 and it's windemere who has them , and they are due in April 2013 , so before posting info and misinforming people pls get facts at least right , your opinion on stock price is fine , who ever is long with 2 yr window is looking at a 5 bagger from here , and that's the goal , who cares of what will happen iin next week or two or month , 

 

Regards 

tp

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