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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 tweezer1957on Jun 09, 2023 5:22pm
153 Views
Post# 35489344

RE:No it's not shovel ready

RE:No it's not shovel ready
There is enough money for a few years so no worry about bankruptcy at this time.
If we do not get a deal in one year, I agree we will never see one as shareholders.But if there is no mine I think someone will buy the property and bank it for futur use. I expect the property is worth at least 200 million on the cheap side
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