Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 businessenseon Feb 06, 2016 1:54pm
117 Views
Post# 24531996

MDJ

MDJSo what is the problem now. You have expressed frustration at the lack of info also. Why does the reference that everyone should apply pressure to obtain clear info as expressed irk you? Never heard the expression or think that everything is under control?


As a shareholder here with lots to say, at very least, try to keep. You owe yourself at least that.
Read more at https://www.stockhouse.com/companies/bullboard/bullboard/t.krn/karnalyte-resources-inc#p3tsz18Jd374tfe1.99


I appreciate that you have researched a lot of this information, but you only seem respond favorably to points you agree with or miss entirely. I though we were just trying to exchange different facts or points of view.

The harsh reality is that if they do not come to some agreement, the future may not be as “rosy” as you keep trying to portray. It may take some time. I hope the issues that have plagued this company will be behind us. Only doing a Pilot Plant will probably keep this company’s share value under a dollar for another year. But again, the company has not issued any official proforma. So sorry, but the history so far on the numbers as presented and expressed have not portraid an accurate picture of the returns. That is what investors want to see if you are looking for for money and generate interest. As far as I am concerned, they were  misleading and have an issue with.

As to why the teams did not continue their work over the winter is a cost issue for a company who has limited funds. Seems like it was Robin’s call, but you are unpleased with it or seem to infer that GSFC is behind it.  When you have the funds like legacy then I guess it is less of a concern.  

While I know your rational behind the pilot plant, should they strike a deal with GSFC which is what I know Robin hopes for and many other shareholders (not at any price), we will see how they proceed.  You have expressed your opinion, I get it. What is the issue?  I am not sure "it's" my ability to comprehend when you side-step a simple question that gets you all worked up. I know your position on certain issues and know enough to move on. Time will determine or disprove certain contentions. I am not looking to harp on a point.

So when you say certain things, it raises questions you may care to reflect on or engage in discussion other what you keep expressing. 

But just like the asset value being written-down, it has not stopped GSFC in proceeding based on their own due dilegence and interest in the project.

What is important is that they start doing something, but it has been far from straight forward with what have been the issues on either side.



Bullboard Posts