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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 BillNCon Dec 01, 2020 10:36am
249 Views
Post# 32009043

RE:RE:RE:RE:Message from CEO of Arianne Phosphate

RE:RE:RE:RE:Message from CEO of Arianne Phosphate
Thanks for those numbers, Tweez.  Encouraging.

I think covid has hurt phosphate prices a great deal.  Fertilizer helps not only crops for human and animal consumption, but also pine trees for paper and packing materials, and various plants for the production of biofuels.  Paper and biofuels surely took a hit as economies around the world slowed down.

Phosphate prices are rising slowly, but I think that as the vaccine arrives, and worldwide economies come back, phosphate prices could take off.  Of course, an escalation of the instability in Western Sahara wouldn't hurt.



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