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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Comment by biotechguy1on Aug 06, 2014 2:20pm

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Post# 22814579

RE:RE:Dead Money

Well, I spoke with Whiting....they need plenty of power to run the facility so looking a gensets ( 0.28 per kw hr ) yike. Lots of Nat Gas too. Look they have heat water hot enough to provide solvency for the Karnalyte...the hot water karnalyte then needs to be evaporated....and prilled...very heat and cooling intensive. I am confident it was paid for a running...it would make a little money....but up front 600 + million then hope to get payback...that's a big mortgage Do the math...always do the math. Wouldn't touch this with a 10 foot pole JMHO

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