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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 Kemano02on Mar 28, 2020 8:27am
247 Views
Post# 30855539

RE:RE:RE:CORRECTION: That should have read:

RE:RE:RE:CORRECTION: That should have read:Love this Shylock mumble jumble

this song and dance is the same tune that has been coming out since 2012 when i visited the mine with the Mgmt and Directors.  Nothing has really changed.  Let me remind everyone that this is year five where the #1 objective of the company is get financing approved.  Look at the board, you would think it is a pretty competent group, but where are the results.  Brian is finishing his third year running the show.  I was at the board meeting, he touted that he wanted to generate some urgency in the project.  Yea, right.  

Now he does not even return calls from investors.

This project will go ahead, not soon.  Morocco has a strangle hold over the market and is investing millions to get rid of the heavy metals.  They have more control over the market then OPEC over oil.   

With the current economic situation in the world, agriculture is going to be hit hard.  Fertilzier demand is collapsing.  Do not see anything happening with Airanne for at least 2-3 years.  
just my opinion
Bullboard Posts