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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 stockperkson Oct 29, 2015 5:17am
214 Views
Post# 24237724

RE:Salaries and other costs in 3 months!!!!!!

RE:Salaries and other costs in 3 months!!!!!!Weazy,
So your idea is that things will come by themselves to DAN? Just have someone sitting at the front desk and find the Decree in the mail, or answer the phone for a client that wants 3M tons of DAN's concentrate?

I am not sure this is the way business works - I have gone through the financials and followed the company for quite a bit of time now, and if not perfect, as for many junior companies, they have managed to keep things under control and make the project progress in the right direction, get through the Hearings (BAPE) with a report that at the end I consider mostly positive, with strong local support and now a very few opponents...

To get to this point, I am sure there has been a lot of legwork - The fact the lenders, who are the same players that have believed in the project for year have extended the credit facility, is a proof that their DD tells them the project is in good hand and near a major milestone.

I simply recommand that you pass on if this project and the involved wait for the Decree is too much, if you don't believe in all the work done and the Team...just sell your shares and move on, because your negative comments are not very usefull at this point...

IMHO
SP
Bullboard Posts