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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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(549)
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mdjbrown
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Comment by
mdjbrown
on Dec 05, 2020 10:19am
RE:RE:RE:RE:RE:Farmer Logic
EC, when you use the word puppets to GSFC, what exactly was the previous board in your eyes? Our company was given away to GSFC through a mysterious Rights Offering, even though to a man each
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mdjbrown
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on Dec 05, 2020 10:05am
RE:RE:RE:RE:RE:Farmer Logic
EC, that is a fair assumption. There have been way to many executives / directors pass through the front door and leave out the back door with a fist full of cash. Many of them either
...more
IAMGOLD Announces US$300 Million Bought Deal Financing
posted May 22, 2024 9:00am by
IAMGOLD Corp
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The company intends to use the net proceeds of the Offering, including the net proceeds from the Over-Allotment Option should it be exercised, towards the repurchase of the 9.7% interest in the Côté Gold Mine from Sumitomo Metal Mining Co. Ltd., in order to return to its full 70% interest in the Côté Gold Mine. The net proceeds of the Offering are ...read more
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ErnestC1936
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Comment by
ErnestC1936
on Dec 05, 2020 12:55am
RE:RE:RE:RE:Farmer Logic
If she is a bright, hard working, over achieving employee believe enough in themselves to make an investment and reap the upside in addition to her wage? Wouldn't an investment improve
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ErnestC1936
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Comment by
ErnestC1936
on Dec 05, 2020 12:49am
RE:RE:RE:RE:Farmer Logic
How long has the current Chair, other board members and the Interim CEO been involved? Lots of accountants involved. Even in interim CFO and a consulting firm of accountants. The Chair is
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(549)
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mdjbrown
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Comment by
mdjbrown
on Dec 04, 2020 9:43pm
RE:RE:RE:RE:RE:RE:RE:Your take
Nice dream as well Resourse, but does your dream include economic feasibility in post 2013 metrics? Once the bottom fell out of the potash world, things were tricky and the 2013 GSFC venture
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Resourse
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Comment by
Resourse
on Dec 04, 2020 8:36pm
RE:RE:RE:RE:RE:RE:Your take
The dream I got was a hot water process to extract very pure potassium, magnesium and sodium. As you say the first CEO was all about the Mg potential.
(549)
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mdjbrown
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Comment by
mdjbrown
on Dec 04, 2020 8:19pm
RE:RE:RE:RE:RE:Your take
I agree 100% with you Resourse. There are a lot of mines around the world that could and would double capacity with the flip of the switch. All the majors in Saskatchewan have completed
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(549)
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mdjbrown
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mdjbrown
on Dec 04, 2020 7:47pm
RE:RE:RE:RE:RE:Your take
Resourse, initially I believe the natural gas distribution line was going to run from Lanigan, but it was hoped that that transmission line would first be built to Jansen for their huge project, and
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Resourse
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Resourse
on Dec 04, 2020 7:28pm
RE:RE:RE:RE:Your take
Lukashenko and Putin are not going to miss a chance at more US$. The potash price isn’t going anywhere soon. To wait for potassium on its own is a fools game. The project was billed as a multi
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Resourse
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Resourse
on Dec 04, 2020 6:21pm
RE:RE:RE:RE:RE:Your take
Sorry I see the line was as far as BHP
(8)
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Resourse
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Comment by
Resourse
on Dec 04, 2020 6:17pm
RE:RE:RE:RE:Your take
Did the line get as far as that monster mine where they started the shafts?
(549)
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mdjbrown
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Comment by
mdjbrown
on Dec 04, 2020 4:08pm
RE:RE:RE:Your take
Unfortunately Resourse, that option is long gone. Both the potash guys, and money guys backing it were obviosly not interested once all the games started in March of 2018, as they were hoping to be
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(8)
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Resourse
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Comment by
Resourse
on Dec 04, 2020 3:43pm
RE:RE:Your take
Does your option include a valuation for the Mg and Sodium.
(549)
•••
mdjbrown
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Comment by
mdjbrown
on Dec 04, 2020 3:40pm
RE:RE:Your take
Well said Tru. There is a very good reason the Genesis vision has not yet come to fruition. Maybe the csg can join that board, and share their wisdom with them, and the csg wont have to waste
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(549)
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mdjbrown
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Comment by
mdjbrown
on Dec 04, 2020 3:32pm
RE:Your take
Resourse, that is the million dollar question How could any shareholder not named GSFC think the .17 cent Rights Offering was a good idea. What ever happened to getting 51% shareholder approval
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