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Bullboard - Stock Discussion Forum Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

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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 > Smart Money
View:
Post by FYFTMI on Jun 24, 2022 4:08pm

Smart Money

Smart Money bought in today, rights will show up as KRN.RT or KRN-RT (on CEO.CA there is KRN-RT) on 28th.
Comment by mdjbrown on Jun 24, 2022 5:43pm
Curious about your comment "Smart Money", FYF. Each right is currently valued at approx .05 cents at the current shareprice of .50 cents. Are you refering to selling your free rights into the open market for straight profit if you can, as Smart Money, or actually subscribing to the Rights Offering and paying the corporation .35 cents with 3 rights as Smart Money? Does GSFC fully ...more  
Comment by FYFTMI on Jun 24, 2022 6:07pm
Selling rights ofcourse and last chance to be considered for the rights is today. You can almost bet on some news coming out maybe the updated report to solidify the market cap. GSFC if subscribed, will greatly average down on their initial investment at I forget, $7.5 a pop? Last RO was peanuts for them, they just wanted more control, which if they don't subscribe this time will be diluted ...more  
Karnalyte Resources Inc