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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 jim_nasium99on Feb 27, 2013 5:30pm
337 Views
Post# 21051426

RE: canada will be importing phosphate!

RE: canada will be importing phosphate!

 

Arianne Resources Inc (2) (C-DAN) - In the News

 

Taylor says buy Arianne Resources

2013-01-31 20:54 ET - In the News
Shares issued 75,914,926

 

Jay Taylor, in the Jan. 17, 2013, edition of Gold, Energy & Tech Stocks, says buy Arianne Resources Inc., recently $1.24. This is the first time he has recommended the stock. Arianne's Lac a Paul phosphate project in Northern Quebec has proven and probable reserves of 307 million tonnes at 6.59 per cent P2O5, and a net present value of $1-billion. Phosphate is an ingredient in fertilizer; Mr. Taylor says Arianne could receive takeover offers from fertilizer giants such as Agrium Inc., the Mosaic Company and Potash Corp. In six months, Agrium is closing its Kapuskasing mine (Ontario), the only producing phosphate mine in the country, because of depletion. Mosaic is facing environmental problems at its sedimentary-hosted phosphate mine in Florida. Mr. Taylor notes Lac a Paul is hosted in igneous rock, which comes with fewer environmental challenges than sedimentary rock does. Metallurgical tests show Lac a Paul can produce 39-per-cent concentrate, worth $280 a tonne, compared with $180 a tonne for the usual 30-per-cent concentrate. The optimistic editor says Lac a Paul could be worth $14 to $42 a share. Regardless of a buyout offer, he is confident in management's abilities to begin production by early 2016

 

 

 

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