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Arianne Phosphate Inc V.DAN

Alternate Symbol(s):  DRRSF

Metals & Mining Industrial Metals & Minerals
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

Arianne Phosphate Inc > Project update
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Comment by Tree2treeon Oct 10, 2023 2:30pm
381 Views
Post# 35677460

RE:RE:Project update

RE:RE:Project updateThis company has always been a pure option on phosphate prices.  If you believe phosphate prices will double or triple, buy the option and you might make money.  Just because phosphate is needed to grow food or make batteries doesn't make this particular project financially viable for the huge investment required.  All the side discussions are just noise.

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