Historically, the share price of Arianne Phosphate (TSXV: DAN) has followed the price of corn. In July 2010 with corn at $3.926 per bushel, DAN fell to its 11-year low of $0.12 per share. Over the following seven months as corn rallied to $7.31 per bushel, DAN exploded by 1,333.33% to a high in February 2011 of $1.72 per share! In September 2011 when corn hit $7.67 per bushel, DAN hit its all-time high of $2.48 per share! All together, DAN gained by 1,966.66% in only 14 months!
Corn since bottoming in August 2020 at $3.07 per bushel has rallied to a current price of $5.50 per bushel! In recent months, corn has made its largest rally since 2010/2011 and DAN is beginning to breakout in a way that very much resembles the start of its 2010/2011 run!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from DAN of USD$30,000 cash and expects to receive options to purchase 100,000 shares of DAN stock with an exercise price based on the closing price of the stock on the day before the options get issued for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.