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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

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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

Karnalyte Resources Inc
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Comment by TRUBLVRon May 27, 2018 9:51pm
154 Views
Post# 28086874

RE:RE:Quite the weekend ......

RE:RE:Quite the weekend ......I will give Mr. Brown credit, he has tried to make something happen for Karnalyte.  Yes he asked for compensation, we would all do the same.   

Our current board is a complete waste of time. 
The current board has provided 0 communication, the Nitrogen idea is the most ridiculous idea.
It has become very obvious this KRN board has no sense of reality in the Canadian Agriculture market.

It is no secret,  GSFC's plan is to wait for the price of potash to increase, prior to building the plant.  Can we all live that long, I know the treasury will not. 

It is becoming clear the current board has 0 experience, and no vision.

I had high hopes on the initial GSFC financing option, that did not materialize, We have had a whole year to move the financing option forward with 0 success. 

I am a larger shareholder, it is time to move these clowns to their next circus.  



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