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

Karnalyte Resources Inc > 1st qtr results

<< Previous

Bullboard Posts

Next >>

Comment by TradeTraceron May 26, 2021 12:47pm

129 Views

Post# 33268265

RE:RE:RE:RE:RE:RE:RE:1st qtr results

mdjbrown wrote: TT, according to this recent 5 year chart, biz is right on with his comment

https://ycharts.com/indicators/potassium_chloride_muriate_of_potash_spot_price

If building a nitogen plant in the middle of the prairies is becoming feasible, I find it interesting there has been no announcements by the FNA group which could be considered ahead of all other nitrogen start up hopefuls in Sask.

https://www.producer.com/news/fna-nitrogen-plant-delayed/

Wouldnt YARA just increase their production lines if nitrogen demand became so strong in Saskatchewan, since they are already producing there anyways?

https://www.producer.com/daily/yara-calls-off-big-canadian-fertilizer-expansion/

I find it interesting that the others who have thrown their hats in the nitrogen ring, have postponed their plans until such time that market conditions improve.

Cheers on the info, seems totally opposite to what the local farmers are paying for their fertilizer this year. I need to find myself a better platform for all the commodities as it seems one can find any kind of info they desire if they search well enough

I do notice that your articles are a little dated, but still hold value. They tie in to the long standing BHP project on their Jansen mine making headlines on a possible push forward, as well as a Moroccan plant going ahead on a global view.

BHP Jansen mine

Morocco Plant

<< Previous

Bullboard Posts

Next >>

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle