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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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(544)
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mdjbrown
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Post by
mdjbrown
on Aug 24, 2021 10:27am
On May 14, 2018 Krn reported $11.3 million in the treasury
As a shareholder of any publicly traded company, it is very frustrating trying to read between lines of fact or fiction as there are so many grey areas to wade through when laying hard earned
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(544)
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mdjbrown
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Comment by
mdjbrown
on Aug 23, 2021 10:02am
RE:RE:RE:RE:For centuries a proven strategy has been successful in war
biz, if memory serves correct, from 2007 leading into 2013, milestone after after milestone were being accomplished by the then management team to the point that a construction ready moniker was being
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(4)
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businessense
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Comment by
businessense
on Aug 22, 2021 9:18pm
RE:RE:RE:For centuries a proven strategy has been successful in war
Interesting comment considering the initial deal with KRN was for them to raise funding. Never happened as the market and valuation kept going south amid a lot of internal disfunction. Whether
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(544)
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mdjbrown
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Comment by
mdjbrown
on Aug 21, 2021 12:11pm
RE:Is there a chance
hf, unfortunately potash juniors in Saskatchewan are really hurting right now as evidenced by Encanto, Western, and Karnalyte's inability to get their projects moving and now they have very little
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(1)
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highflyer57
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Post by
highflyer57
on Aug 20, 2021 9:37pm
Is there a chance
BHP has a number of levers it can pull for future growth including exploration, making more of its existing resources, and partnering with smaller miners that have discovered deposits.
(21)
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patospower
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Comment by
patospower
on Aug 20, 2021 1:28pm
RE:RE:For centuries a proven strategy has been successful in war
Why hello there mr GSFC. As you don't seem to know, your company is too broke to finance anything. As a strategic partner you bring exactly nothing. Your "expertise" is complete smoke as
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(1)
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highflyer57
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Post by
highflyer57
on Aug 17, 2021 1:35pm
BHP approves plan to build Jansen Mine
A long-gestating potash project in Saskatchewan has been given the green light by one of the largest mining companies in the world, as the company also announced it is getting out of the oil and gas
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(4)
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businessense
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Comment by
businessense
on Aug 14, 2021 6:41pm
RE:For centuries a proven strategy has been successful in war
Cease and desist with the frivolity. Accept that the only deal possible is with a strategic partner and that noting can happen without GSFC. That is the only option. Even then, if nothing materializes
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(544)
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mdjbrown
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mdjbrown
on Aug 14, 2021 11:03am
For centuries a proven strategy has been successful in war
Divide and conquer is exactly what is happening as the corporation is suing shareholders, shareholders are suing the corporation, and shareholders are suing shareholders all while GSFC sits back, and
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(544)
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mdjbrown
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Comment by
mdjbrown
on Aug 14, 2021 12:10am
RE:RE:RE:Dare to Dream
pp, I forgot to add this comment in todays financials news release If GSFC nominated a director tied to GSFC, that is to be expected, but if KRN management is now nominating folks directly tied to
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(544)
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mdjbrown
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Comment by
mdjbrown
on Aug 13, 2021 11:27pm
RE:RE:Dare to Dream
Frustrating for sure pp There is a surviving Subscription Agreement clause (Sec 4.1) between Karnalyte Resources and GSFC Board seats that very clearly states GSFC's right to appoint Director
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(21)
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patospower
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Comment by
patospower
on Aug 13, 2021 6:25pm
RE:Dare to Dream
Dan, did you like the part where they decided to add 2 seats to the board so that the board can be more independent, but then 50% of the new seats ended up being GSFC?
(544)
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mdjbrown
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mdjbrown
on Aug 13, 2021 12:11pm
Dare to Dream
It is always interesting to read one version of events, when compared to other interpretations of the same event, by those in the same room. The company states: “After an extensive
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(544)
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mdjbrown
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Post by
mdjbrown
on Aug 13, 2021 12:27am
Must be late Friday night - Q2 financials out
Are we now considered in Care and Maintenance ? From the Q2 MD&A: "At June 30, 2021, the Company had net working capital of $2.3 million compared to $6.1 million at June 30, 2020
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(544)
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mdjbrown
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Post by
mdjbrown
on Aug 10, 2021 9:27am
Special thanks go out to those shareholders willing to help
Had a shareholder contact me about his conversation with Karnalyte after the infamous Letter to Shareholders was released in 2018. Very helpful information as
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