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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 > Ability to produce but not to sell..
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Post by Ochterloney on Dec 15, 2022 11:38am

Ability to produce but not to sell..

Recent press release "Arianne owns the Lac Paul phosphate project in Quebec and has demonstrated the ability to produce a very high-purity/low-contaminant concentrate suitable for use in both fertilizer and specialty applications, such as the lithium-iron phosphate ("LFP") battery."

It seems it is producing because they like to produce things; how about selling something especially in a season where demand is very high and the govnt has added 35% tariffs on the exporting competition(ie russia)
Comment by Tree2tree on Dec 20, 2022 9:52am
Loney, you should have done some basic research before investing.  DAN is nowhere near having a product to sell.  They have done exploration and testing, but there is NO MINE and NO SHIPPING INFRASTRUCTURE.  This project will require a huge capital investment and years of construction before it can sell anything.  And the profitability remains very doubtful, which is why the ...more  
Comment by Ochterloney on Jan 01, 2023 1:11pm
You are absolutely right. Unfortunately, it is difficult to find negative news from the company and the investor analysis I read said that this was a great stock and the price would not only go up, it would zoom (that should have been a clue). It was so good I sent a copy to the company and they replied that perhaps it was a little too optimistic. I did not realize it was a paid piece. There ...more