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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
Comment by treckeron Apr 24, 2017 9:22pm
115 Views
Post# 26160347

RE:RE:RE:RE:RE:RE:in2020vest

RE:RE:RE:RE:RE:RE:in2020vestHow many shares do present and past GSFC board of directors personally hold? Zero,nada nix,nichts. No matter what language it is nothing. Do you think if they had skin in the game they would have written the project down to salvage value? Highly unlikely. In my opinion all those involved should be forced to sell their shares at salvage value to shareholders who have a vested interest in advancing this resource. Also in my opinion there has to be an investigation into past activities for this resource to move forward. Only those involved in past activities could support what has transpired
Bullboard Posts