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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 patospoweron Feb 18, 2022 4:15pm
345 Views
Post# 34443361

RE:reaching new highs

RE:reaching new highsBecause the price of potash is popping OFF. Krn has a very attractive, construction-ready, scaleable asset in its hands. It's going to sell like hot fresh bread. So long as KRN doesn't pull down its pants and squat over it, there'll be buyers for this bread.

Unfortunately, many pants have been pulled down, and many squats were had over fresh bread in the past years at KRN.

New guys on here are enthusiastic as hell about KRN (more about potash prices than KRN really) but they're young and easily exciteable.

I hope their enthusiasm is rewarded but I remain highly skeptical, and will continue to remain so until a major announcement is made. 
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