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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 uahubon Mar 27, 2018 5:46pm
98 Views
Post# 27790322

RE:To top it all off this year

RE:To top it all off this yearGSFC, you said you had a potash financing on the table, but Mr Phinney got in the way.......Starting to look like that was just another of many excuses to stall.
This board has had almost a year to get a POTASH
 mine financing on the table,.....

Yes, I still remember the GSFC's official offer letter with all the financing details. I know not all shareholder were happy with that offer, but worst case at least honor that offer with the current board if Mr Phinney was the reason at that time. Credibility is a big issue here.
Bullboard Posts