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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 > Grade of Ore FOX vs Dan
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Post by matisse2003 on Apr 26, 2022 6:36pm

Grade of Ore FOX vs Dan

I have looked at the presentations for both FOX River Resources and Arianne and the way I read it the contration of P2O5 in the basic rock of the Arianne deposit is 6.9% while the Fox River Ore is 22.99%.  Doesn't this mean that Arianne will have to use 3 times plus as much rock as Fox River???  Doesn't Phosphate work like gold---  the higher the grade the greater the value???  I am not saying anything terribly bad about Arianne but WHY DOES ARIANNE PHOSPHATE TRADE AT 3 TIMES THE MARKET CAP OF FOX RIVER
Comment by matisse2003 on Apr 26, 2022 6:38pm
CONCENTRATION NOT CONTRATION----  SORRY
Comment by michelville9 on Apr 27, 2022 3:36pm
Le concentre d'Ariane est superieur a 40 % et ne contient pas d' impuretes et pourra etre utilise sans traitement a l' acide. Des tedts sont en cour en Saskatchewan. A l' automne, nous en saurons plus. Si le melange de fertilisant avec le concentre de phosphate d' Ariane donne de bon resultats, ce sera l' explosion pour Ariane
Comment by matisse2003 on Apr 27, 2022 3:59pm
Oui mais le minerai ne contient que 6.9% de P2O5
Arianne Phosphate Inc