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Bullboard - Stock Discussion Forum
Karnalyte Resources Inc
T.KRN
Alternate Symbol(s):
KRLTF
Chemicals
Consumer Cyclical
Advertising Agencies
Basic Materials
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.
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TSX:KRN - Post Discussion
Karnalyte Resources Inc
> Nutrien to increase potash production 500k tonnes rest of yr
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•••
patospower
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Post by
patospower
on Jun 10, 2021 11:07am
Nutrien to increase potash production 500k tonnes rest of yr
Nutrien to boost potash output on strong global demand
Strong potash demand, increased potash pricing, etc. The financing package was all figured out and ready to be signed but was shelved because only this component was thought missing. Time to send the shovels to the dirt?
(3)
•••
TradeTracer
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Comment by
TradeTracer
on Jun 11, 2021 12:12am
One could speculate that a company like Nutrien would buy into KRN/team up to have access to the GFSC contract? One would have to run numbers to see if it was worthwhile
(0)
•••
RobinPhiny4KRN
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Comment by
RobinPhiny4KRN
on Jun 11, 2021 10:43pm
The problem is that Canadian companies will not get involved as long as GSFC is there. GSFC doesn't want to lose control of KRN as we have withnessed their tactics for the past decade. Robin Phonney was the brain and still is the man to get this project out and running in no time. How much more games GSFC? You have devasted people's livelihoods and investments with your brutal
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