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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

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.


TSX:KRN - Post by User

Bullboard Posts
Post by lotusprinceon Nov 18, 2013 10:40pm
370 Views
Post# 21917855

Recovered loss in KRN and now loaded to trade again

Recovered loss in KRN and now loaded to trade againI had sold off my  KRN stakes once realizing that SP is not moving even for dead cat bounce. As luck would have it I got a tip from my (broker) which turned out to be very very good and I recovered back my second last trade loss in KRN and ended positive today... with 18% gains.

Only reason I come back to KRN board is to tell people not to chase a falling knife. By any stretch of imagination KRN is junior so far off from mine and with no source of income. There are many opportunities to pull back reasonable losses...... 20, 30 , 50%  if you make a timely decision and get out and switch.

I won't bug this board anymore knowing how much more down this tard is going
Bullboard Posts