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Bullboard - Stock Discussion Forum Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Karnalyte Resources Inc is a development stage company focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. It owns the construction ready Wynyard Potash Project, with planned phase 1 production of high grade granular potash, and two subsequent phases. It is also exploring the development of the Proteos Nitrogen Project, which is a proposed small-scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.

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Interesting cbc interview regarding the PADCOM mine

  https://www.cbc.ca/listen/live-radio/1-101-radio-noon-manitoba/clip/15920567-the-potash-agri-development-corp.-manitoba-padcom-granted What an absolute shame the folks living in Wynyard did...read more

What is the answer?

FYF, the biggest hurdle being faced here is GSFC invested $45 million in 2013 for the potash, not the magnesium. I don’t see that philosophy changing any time soon and a full-blown potash facility at...read more

2017 magnesium update recommended scaled up pilot test

Further confirmation will be required, in the form of a continuous scaled-up pilot test that will be performed concurrently with a feasibility study in the future. The Technical Report also noted...read more

RE:RE:RE:RE:On the bright side

Magnesium Project (Preliminary Feasibility Study) Considers annual production of 100,000 tonnes of MgCl2 brine and 104,000 tonnes of 99+% Hydromagnesite (BMC). Construction assumed after phase...read more

RE:RE:RE:On the bright side

Sorry, multiply by $100/kg and you get $10 billion  rate and reply

RE:RE:On the bright side

Wait a minute: 100,000 tons = 100 mil. kg's. When x by $100/ton you get $10 billion. Take me to the mental ward, heh  rate and reply

RE:On the bright side

Never mind MgCl2 - it only fetches $200 average per ton. Their big hitter is Hydromagnesite(BMC) which is worth $100/kg, no it's not a typo, and according to their bankable feasibility study they&...read more

RE:RE:Smart Money

Selling rights ofcourse and last chance to be considered for the rights is today. You can almost bet on some news coming out maybe the updated report to solidify the market cap. GSFC if subscribed...read more

On the bright side

MgCl2 is getting some global love. https://forextv.com/top-news/production-expansion-and-focus-on-purity-grade-to-remain-focal-point-of-magnesium-chloride-producers-reveals-fact-mr/  rate and reply

RE:Smart Money

Curious about your comment "Smart Money", FYF. Each right is currently valued at approx .05 cents at the current shareprice of .50 cents. Are you refering to selling your free rights into...read more
@ the Bell: Energy & mining recover to lift TSX
Following a nasty session in the red, Canada’s main stock index rose more than 300 points in Friday trading. Gains were led by the energy and base metal sectors.After two brutal weeks brought... read article.

Smart Money

Smart Money bought in today, rights will show up as KRN.RT or KRN-RT (on CEO.CA there is KRN-RT) on 28th.  rate and reply

RE:RE:RE:Rights Offering

bk, I dont think you will see anything in your account yet, as the 28th is the date of record for those holding shares. Those rights likely wont show up in your investment account until next week...read more

RE:RE:Rights Offering

I checked my  BMO trading account for KRN.RT and there is no such thing. I'll probably have to call them on a phone and it's like 30 min. wait before somebody answers - so I'll let it...read more

RE:RE:RE:RE:RE:RE:RE:Annual Meeting

With the company being run by shlemazls like these of course nothing will be done. The best option is for some big company to buy them out and develop the mine. I even e-mailed TECK and asked them to...read more

RE:RE:RE:RE:RE:RE:RE:Annual Meeting

Huge difference between reality and whining T33, and you have been closer to the realty line, in your comments. Reality is, regardless of persuing the KCl or the Mag, hundreds of millions are...read more

RE:RE:RE:RE:RE:RE:Annual Meeting

Big This is the second time you have had to tell me to quit whining... I still have shares and I agree with your positive assessment of the Mg. I will try to ignore the past. Whining doesn't help...read more

RE:RE:RE:RE:RE:RE:Annual Meeting

bk, it is impossible to move forward if heavy baggage from the past is still holding you back. The mag project still requires a gas line that will take 2 years to build and tens of millions of...read more

RE:RE:Rights Offering

to be the holder record on 28th, you would have to buy in today don't miss it if that's what you intend to do.  rate and reply

RE:Rights Offering

FYF, there may be some confussion as the Circular states The Company is issuing transferable rights (“Rights”) to the holders (“Shareholders”) of our outstanding Common Shares of record at the close...read more

RE:RE:RE:RE:RE:Annual Meeting

FYF, I forgot to mention, the $1.7 mil came from page 4 of the Right Offering Circular  USE OF AVAILABLE FUNDS What will our available funds be upon the closing of the rights offering? The...read more
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