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Bullboard - Stock Discussion Forum 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... see more

TSXV:DAN - Post Discussion

Arianne Phosphate Inc > This is getting ugly
View:
Post by BillNC on Jul 12, 2022 4:31pm

This is getting ugly

In less than 3 months, both DAN and DRRSF have lost more than half of their value.

On April 18, DAN closed at .82; today it closed at .40.

On April 18, DRRSF closed at .6504; today it closed at .3134.

Still holding long here.  The share price seems absurd.  We could use some good news.
Comment by Bullroarer123 on Jul 14, 2022 12:16pm
Just curious Bill, what would you consider as " good news "?  Presently, were caught in the shite storm with everything else.   We have to weather our way through it.  The old saying of, " when there's blood in the streets, then it's time to buy "!  I was also told to sell back in April, and convert to cash for this very time.  If one had ...more  
Comment by BillNC on Jul 15, 2022 9:34am
Bullroarer123, you asked what I would consider the "good news" we need. There are so many possibilities.  A shooting war between Algeria and Morocco, involving the shutdown of Morocco's Western Sahara operations would certainly qualify, but this is unlikely in the short run.  So, to be more realistic: •  Any indication from a major phosphate fertilizer producer or ...more  
Comment by tweezer1957 on Jul 15, 2022 6:19pm
one more. The guy in Saskatchewan could have good results with his test. In his opinion if his phosphate application works it can be a home run. We are July not far off from harvesting.he probably knows by eyesight at this point if it works. Either the drops grew well or they didn't.
Comment by Undercover on Jul 18, 2022 8:41pm
One more (very important) good news would be a final agreement with the First Nations. Arianne don't have this agreement yet. Nowdays, you don't build a mine in Canada without an agreement with the First Nations.