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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.


TSX:KRN - Post by User

Karnalyte Resources Inc
Bullboard Posts
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Post by JR__Ewingon Dec 05, 2013 2:39pm
313 Views
Post# 21975669

KRN upgraded

KRN upgraded
The following stocks were upgraded/downgraded on December 04, 2013
Company Name Exchange Ticker Last Price Total Analyst Coverage Upgrade/
Downgrade		 Analyst Name Rating Company Target Price Upside/
Downside (%)
Kelt Exploration Ltd TSX KEL 9.28 14 Upgrade to outperform from market perform Robert J Fitzmartyn FirstEnergy Capital Corp 12.00 29.3%
Karnalyte Resources Inc TSX KRN 1.41 6 Upgrade to speculative buy from hold Nelson Mah Laurentian Bank Securities 2.00 41.8%
Descartes Systems Group Inc/The TSX DSG 14.30 11 Upgrade to buy from neutral Pardeep S Sangha PI Financial Corp. 17.64 23.4%
Temple Hotels Inc TSX TPH 6.09 4 Initiate with buy Brendon Abrams M Partners Inc 7.00 14.9%
Encanto Potash Corp TSXV EPO 0.16 3 Downgrade to reduce from hold Nelson Mah Laurentian Bank Securities 0.05 -68.8%
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities