Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Xcyte Digital Corp. Signs Agreement to Purchase Assets of Webinar.net (click to learn more) Viva Gold Reports Multiple High-Grade Gold Hits at the Tonopah Gold Project (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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... see more

TSX:KRN - Post Discussion

Karnalyte Resources Inc > Trade tracer posted this in March
View:
Post by highflyer57 on Apr 20, 2022 8:05pm

Trade tracer posted this in March

RE:Putin to Ban Exports of Raw Materials Too each their own but what I found interesting is a report from Morningstar giving Karnalyte a fair value of $2.36/sh, and their 5 star price is $1.19. Not sure how Morningstar calculates their numbers but at least they have some reputation behind them. I also agree with the other poster that there's no time like the present to get financing/bring in a JV/get shovels in the ground.
Comment by fishtruth on Apr 21, 2022 7:38am
This is interesting, I calculate approximate the same share price. This is based on the inground value of the asset and cash on hand. My break even is a bit higher at $2.63. Hopefully an interested buyer will come along. 
Comment by bigkagan on Apr 21, 2022 3:10pm
Wow, giving a $100 mil. cap to a company with billions of $$ worth of potash in the ground. It's like giving Tesla only a $1 billion cap
Karnalyte Resources Inc