RE:RE:RE:RE:Who is buying?pp, it is really unfortunate that things have gotten to the point they are now, as it might be an uphill climb to become relevant once again.
To do that though I really believe all the lawsuits need to be put behind the corporation in order to move forward, and everyone involved somehow has to find common ground.
A fresh start is needed more now than ever. ..........
As I mentioned in an earlier post, kudos have to be given when deserved and recently a February 27, 2018 GSFC memorandum came to light where it is clearly evident that GSFC was ready to move forward with not only the Nitrogen project
"GSFC is willing to consider in good faith, upon receiving a budget estimate of costs, an amount of up to C$2 million to be used by Karnalyte for the evaluation of the nitrogen project" but also the $23 million dollar Horizontal Selective Solution Mining proof of concept mine.
"GSFC further agrees to waive the requirements of Section 7.1(g) of the Subscription Agreement in order to support KRN entering into the proposed agreements with PotCo to establish technology for producing potash from sylvite ore pursuant to the non-exclusive license to be granted to Karnalyte by PotCo."
In addition GSFC was also looking into the Wynyard project
"Engineering & Tendering to ensure KRN receives the best quotes for all its major equipment / machinery required for the Project." But unfortunately for shareholders it appears that narrative changed a week later.
These documents just became available recently and would have been nuch more meaningful when shareholders were being attacked right before the 2018 AGM. It is really too bad it took this long for those who had them, to make their way out of the chit pile.
Shareholders really need to know how our investment continued to go haywire when things were starting to look up, and it would appear we are getting closer to pinning that wasted multi million dollar tail where it deserves to be pinned.
It wasnt GSFC standing in the way. In fact it would appear GSFC was doing their best to bond with shareholders leading into 2018 in generating success through several methods of creating shareholder value.
"We believe these amendments will be viewed positively by shareholders and will hopefully assist in overall shareholder sentiment in respect of the upcoming AGM."
Such a shame as 4 years later, the nitrogen, selective sylvite, magnesium / KCl through the Wynyard Project could all have been in different stages of development with record high prices, and along with it, happy shareholders,
Arrogance and ego, and I really hope the person behind wasting millions of treasury dollars is held accountable!