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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 tweezer1957on Nov 21, 2016 6:50pm
274 Views
Post# 25492450

RE:RE:RE:RE:Saguenay, we have a problem

RE:RE:RE:RE:Saguenay, we have a problem
Sorry I just don't buy the tax loss selling and patience line anymore. There is something else at play and I have spent one year trying to figure it out. My final conclusion is as follows. The big boys figure DAN management regardless of the great job they have done are amateurs. Presently there is no shortage of phosphate hence no rush to spend a billion. Probably they are happy to leave Arianna's phosphate in the ground and have no confidence that Arianne can build the mine. Unfortunately for us is that it may be time to sell it off cheap and let someone build a mine way into the future. The only reason I may be wrong is Premier Couilard. He needs this mine for the Lac St Jean region and if he doesn't get it built he truly does not deserve to be re-elected. There comes a time when management must admit they are in over their head and walk. PLEASE someone prove me wrong without the old line of patience.
Bullboard Posts