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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

Comment by elgatitoon Oct 21, 2020 3:38pm
183 Views
Post# 31756457

RE:This forum is as dead as the stock

RE:This forum is as dead as the stock
 
 Hello BillNC, Not much to say at the moment. It seems that the planet is not interested in the phosphate of Arianne. Companies prefer dirty and cheap phosphate from Morocco. They prefer to buy from Russia. There was hope, in June 2019, when Arianne announced discussions with the Chinese SINOCONST. But since then, relations with China have deteriorated with the Huawei affair. The last time I contacted Arianne's management, several months ago, I was informed that discussions were still ongoing with SINOCONST. Is this still the case today? I do not know. For months now, every time we've heard about Arianne in the news, it's about environmental issues, about protecting belugas. Never anything concrete on the development of the project, on its financing, on the conclusion of agreements with customers. If someone can walk past the offices in Chicoutimi to see if the lights are still on ...
 
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