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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Chemicals Consumer Cyclical Advertising Agencies Basic Materials
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. It is focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. The Company owns the construction ready Wynyard Potash Project, with planned phase I production of 625,000 tonnes per year (TPY) of high-grade granular potash, and two subsequent phases of 750,000 TPY each, taking total production up to 2.125 million TPY. The Company is also exploring the development of the Proteos Nitrogen Project, which is a proposed small scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day (MTPD) of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.


TSX:KRN - Post by User

Karnalyte Resources Inc
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Post by MissingA9on Jan 21, 2017 2:48pm
177 Views
Post# 25737573

something up with WPX

something up with WPXwow - nice move on WPX. WPX now 6 x the market cap of KRN hmmm. 

Any update on Brach proposal - have not heard anything about this but have not been monitoring boards lately. His proposal would bring our share price in line with WPX market cap or higher.  I still have not seen any official response from KRN about this proposal - that is dissapointing to me given the poor KRN share price currently.  Is there any progress on lawsuits?

Thanks in advance if anyone can offer insight on these matters
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities