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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 investedwolfon Feb 08, 2018 7:05pm
290 Views
Post# 27530260

$25,000 in monthly interest on the debt of $19.472,638.00

$25,000 in monthly interest on the debt of $19.472,638.00Add to this a total of 17,181,739 warrants at $.68 .
Add to this 3,040,030 warrants at $.63
And finally 20,000,000 warrants and options at $1.10. ( weighted average )

Need anyone wonder why the stock price is falling?

IMO Dan is in deep financial trouble and any possible suitors can see this clearly. They will wait until Dan is cheap enough to step in and scoop the Project for pennies on the dollar. The 15% interest rate speaks loudly of the risk associated with Dan.. 

Level two would go no bid on a market order of 18,000 shares as at market close february 8th.
Bullboard Posts