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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 developing the Lac a Paul phosphate deposits located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high-quality igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company specializes in the extraction of independent phosphate rock. 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
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  • matisse2003X
Post by matisse2003on Apr 23, 2022 9:35am
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Post# 34626008

Arianne vs. Fox River Resources market cap

Arianne vs. Fox River Resources market capCan anyone explain why Arianne (DAN) has a market cap of $118 million while debt free Fox River has a market cap of only $34 million.  Looks like at least a 3 bagger to me

https://fox-river.ca/wp-content/uploads/2022/04/20220421-Fox-River-Announces-PEA.pdf
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