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Bullboard - Stock Discussion Forum
Karnalyte Resources Inc
T.KRN
Alternate Symbol(s):
KRLTF
Chemicals
Consumer Cyclical
Advertising Agencies
Basic Materials
Karnalyte Resources Inc. is a Canada-based development stage company. The Company is engaged in the exploration and development of its property and possible construction of a production facility and development of a potash mine. The property is situated in Saskatchewan, south of Wynyard and contains a dominant zone of potash and magnesium minerals. Its Wynyard Potash Project is a Carnallite...
/Sylvinite solution mining project in central Saskatchewan. It has a 100% interest in KLSA 010, KL 247A, and KL 246 mineral leases comprising approximately 367 square kilometers (km2) (90,766 acres) of mineral rights. It also owns around 4,100 acres of surface land. The project is located approximately 190 km east of Saskatoon, SK, or 176 km north of Regina, SK. It is also exploring the development of the Proteos Nitrogen Project. The Proteos Nitrogen Project is an advanced stage development project consisting of a proposed small-scale nitrogen fertilizer plant to be located in Central Saskatchewan.
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Bullboard (TSX:KRN)
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(21)
•••
patospower
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Comment by
patospower
on Nov 15, 2021 4:20pm
RE:Q3 Financials out on SEDAR
The decommissioning provision or its 2018 increase are not an issue in themselves, in my opinion - $200k is virtually nothing to decomission an asset like Wynyard. I think somebody saw the amount on
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(544)
•••
mdjbrown
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Comment by
mdjbrown
on Nov 15, 2021 2:49pm
RE:Interesting volume and share price this morning
Since Sept 1st, more than 3 million shares have traded hands. Only a small percentage of groups within the corporations share structure hold that amount of shares, so what is going on?
...more
(544)
•••
mdjbrown
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Post by
mdjbrown
on Nov 15, 2021 11:54am
Interesting volume and share price this morning
T:KRN - KARNALYTE RESOURCES INC - https://www.karnalyte.com 11:48:46 EST Sym-X Bid - Ask Last Chg %Ch Vol $Vol
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(544)
•••
mdjbrown
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Comment by
mdjbrown
on Nov 14, 2021 9:56pm
RE:RE:Only in story books they say?
I hear you T33 Unfortunately, by mid 2014 that initial story was being rewritten by certain partner that had another agenda. It's such a shame the explored and unexplored Wynyard leases were
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(4)
•••
Trade33right
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Comment by
Trade33right
on Nov 14, 2021 5:30pm
RE:Only in story books they say?
Ya I am living in the initial fairy tale.... a massive resource...a tails pileless...water heating process that at different temperatures, crystallizes 3 industrial chemicals in 99%+ form. ..
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(544)
•••
mdjbrown
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Post by
mdjbrown
on Nov 14, 2021 11:35am
Only in story books they say?
T33, 2018 may go down as the most infamous year in Karnalyte Resources history. In Q1, Karnalyte had an opportunity to participate in a novel potash mining project that would have brought
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(544)
•••
mdjbrown
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Comment by
mdjbrown
on Nov 13, 2021 11:31pm
RE:RE:Any accountants out there?
Very confusing for sure T33 but in complete fairness, the current Krn Board of Directors and management were either not with Karnalyte in Q4 2018 or likely had no direct input into the decision to
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(4)
•••
Trade33right
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Comment by
Trade33right
on Nov 13, 2021 7:09pm
RE:Any accountants out there?
I know I am not an expert in these things, maybe someone at a regulatory body could explain it. There must be a precedent.
(544)
•••
mdjbrown
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Post by
mdjbrown
on Nov 13, 2021 5:52pm
Any accountants out there?
T33, maybe you, or possibly someone else here with an accounting background can answer this question. If I am reading the following statement correctly, it would imply the decommissioning
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(544)
•••
mdjbrown
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Comment by
mdjbrown
on Nov 13, 2021 11:31am
RE:Decommissioning liability
This was posted a year and a half ago and things are still no clearer after reading the 2021 Q3 disclosure
(544)
•••
mdjbrown
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Comment by
mdjbrown
on Nov 13, 2021 11:26am
RE:Decommissioning liability
Confused? Me too!
(544)
•••
mdjbrown
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Comment by
mdjbrown
on Nov 13, 2021 11:24am
RE:RE:Q3 Financials out on SEDAR
TR33, that riddle will have to be solved by folks much smarter and higher on the food chain than I. It is no secret shareholders have questioned the out of the blue $2.3 million dollar Rights
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(4)
•••
Trade33right
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Comment by
Trade33right
on Nov 12, 2021 5:44pm
RE:Q3 Financials out on SEDAR
MDJ For those of us who are not as legal literate as you please explain what we are reading here.
(544)
•••
mdjbrown
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Post by
mdjbrown
on Nov 11, 2021 8:59pm
Q3 Financials out on SEDAR
Speechless! MD&A - For the nine months ended September 30, 2021 “The Company also expects to provide funding to settle the decommissioning liability.” KARNALYTE
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(4)
•••
Trade33right
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Comment by
Trade33right
on Sep 26, 2021 3:25am
RE:RE:RE:RE:The shills are coming out of the woodworks
This is all great. Why don't we all put in money to start an N company. However we have a huge proven P Mg and NaCl resource. Using hot water it comes to the surface in a brine. Isn't there
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