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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 Jul 27, 2023 4:39pm
205 Views
Post# 35560426

RE:Arianne Phosphate: Discussion

RE:Arianne Phosphate: Discussion Unfortunately we know the land is not worth much.
Glen eagle sold their land to first phosphate for three million.
That said with everything going on in the battery sector, plus China stopping all exports and the actual commodity price at 345  you must ask why no buyers.
I am a big supporter and know every reason to buy and hold but I can't understand why at least someone doesn't buy the land for future generations.

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