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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
Post by kemano01on Jul 15, 2014 7:42am
290 Views
Post# 22745346

Low in July

Low in JulyIt was just pointed out to me that DAN-V price has sagged in July. Had a look and low and behold, the price in July has be at or near the low point in each of the last three years.
 
All i can say is this is a buying opportunity, especially with the new resource estimate out in 2 weeks.  Will raise this deposit to 50++ years, further de-risking the project.

Cool!
Bullboard Posts