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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 RoyHalladayon May 07, 2018 12:07pm
325 Views
Post# 27991755

RE:RE:Now that the Date of Record has come and gone....

RE:RE:Now that the Date of Record has come and gone....
mdjbrown wrote: hf57, in looking at the calendar, it would appear Thursday May 17th would be the last day for KRN to mail out the circulars.

That said, it would not come as a complete surprise to see the AGM date pushed further into the summer.

Not sure why they would want to prolong the inevitable as they are also shareholders, and their gross inability to create shareholder value the past 12 months affects them just as much, so one would think every single director would be eager to step aside, and hand over the reins to those with the experience needed to turn this gong show around. 

This current group need look no further than the current shareprice, as a barometer for their corporate effectiveness, as it has now been a year since the May 5th, 2017 date this group was elected, and our investment has cratered 50% during that time..

Not exactly a glowing endorsement for re-election, by any stretch of the imagination!.














What a surprise, the bashing shorter is here to bash a stock. 

Mjdbrown, nothing but a snake. Go look at the AMY board where he is backpeddling from his most recent lie. He also accused EPO of insider trading without any proof. Have a look and judge for yourself.

Mjdbrown, nothing but a snake. 

Bullboard Posts