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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 biotechguy1on Sep 02, 2014 12:06am
172 Views
Post# 22896016

KRN not economical

KRN not economicalLooks folks. It just math....do yourself a solid.. get out before 0.25 and below. Why is know group rushing forward to fund the rest of the project...!! If it was that good...many many many different companies would be eyeing this project and their not !!! Pretty simple really. We can banter all we like on the board but the real money is on the sidelines....waiting for 0.25 per share. Even at 0.25 I think it may not be worthwhile. if you don't believe me fine. Keep on living in glass houses..throwing stones I know I am right on this one.
Bullboard Posts