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Bullboard - Stock Discussion Forum 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... see more

TSXV:DAN - Post Discussion

Arianne Phosphate Inc > Arianne vs. Fox River Resources market cap
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Post by matisse2003 on Apr 23, 2022 9:35am

Arianne vs. Fox River Resources market cap

Can 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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Arianne Phosphate Inc