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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

Comment by Smalliguyon Dec 03, 2020 11:36am
113 Views
Post# 32028038

RE:Karnalyte proxy and Management circular out on SEDAR

RE:Karnalyte proxy and Management circular out on SEDARI refuse to invest in a company that has had such turmoil. Not that dissedent groups are bad, it happens but they go away. With this company it doesn't go away and that is what is driving share price down. Potash is not what it used to be.

Its like expecting Crescent Point to be back up to $15.00 per share. Times have changed.

i don't care how many shares you have. Sell. Invest in something thats growing like BITCOIN, maybe you invest in the restaurant industry as it will bounce back.

How about airlines.

Sounds like you made some bad investment and didn't get out on time. Time to put your cash to work somewhere else. Unless you put all of your eggs in one basket???? If you did, you failed in basic investment 101.


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