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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 MissingA9on Aug 09, 2016 9:05pm
155 Views
Post# 25124713

very simple

very simpleGSFC collaborated with corporate scoundrels to raid KRN.  GSFC would go along with writing off asset and distributing remaining portions of the treasury as special dividen or stolen in some way in order to get first dibbs on the now worthless assett.  This was a clear attempt to rob retail shareholders.  GSFC cannot be trusted.  We cannot turn our back on these scoundrels.  It is time to part ways with GSFC until the full financing check is cashed and the money  isin the bank.  And I am not keen on giving GSFC voting control of the company either - given the track record of these scoundrels
Bullboard Posts