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.

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Karnalyte Resources Inc

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Post by kingfisher7on Feb 26, 2014 2:41pm

318 Views

Post# 22254943

Bring on a hostile offer

Patience is a virtue but with the market heating up these days there are so many other opportunities that are giving returns.I truly do believe in the tremendous value of KRN but I'm sick of sitting on dead money.If our management cannot get this ball rolling then bring on a hostile offer that can get our SP to a respectable range so some of us can exit.It's truly mind boggling that nobody has stepped up to the plate yet with our SP in such dire straits.

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