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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. It is focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. The Company owns the construction ready Wynyard Potash...
Project, with planned phase I production of 625,000 tonnes per year (TPY) of high-grade granular potash, and two subsequent phases of 750,000 TPY each, taking total production up to 2.125 million TPY. The Company is also exploring the development of the Proteos Nitrogen Project, which is a proposed small scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day (MTPD) of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.
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Bullboard (TSX:KRN)
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(494)
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mdjbrown
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Post by
mdjbrown
on Jul 30, 2021 9:34am
Still appears to be interest in these lawsuits
A shareholder confronted me at a grocery store in town last night asking why the bleep these lawsuits are taking so long as her husband was keenly interested in reading the transcripts from the
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(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jul 29, 2021 12:09am
RE:RE:Wynyard
T33, it is difficult to guess any value associated with the Wynyard property as there is still approx 80% of the leases unexplored. Sadly the deposit it is not worth anything while it sits 1500
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(4)
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Trade33right
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Comment by
Trade33right
on Jul 28, 2021 5:45pm
RE:Wynyard
Thanks for the encouragement Marko. ....you're not going clearing your position are you... I am not clearing mine because of the gap between the value of the resource and the18 cent
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(0)
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Marko123
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Post by
Marko123
on Jul 23, 2021 1:28pm
Wynyard
time maybe running out but stay positive on this project
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jul 23, 2021 9:18am
RE:RE:RE:RE:RE:Did KRN take/answer any questions during the AGM
And there in lies the biggest hurdle Pp I am positive current management are doing all they can with what they have, but they themselves have reported they are trying to tighten the
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(21)
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patospower
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Comment by
patospower
on Jul 22, 2021 4:16pm
RE:RE:RE:RE:Did KRN take/answer any questions during the AGM
Most definitely. There is no question to me that partnering with GSFC has been KRN's biggest mistake so far. GSFC is likely too broke to honor the off-take agreement and I would not be surprised
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(1)
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highflyer57
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Post by
highflyer57
on Jul 22, 2021 3:32pm
So what are the prices.
DTN Retail Fertilizer Trends Potash Hits Highest Price in 8 Years at $501 Per Ton 7/21/2021 | 10:40 AM CDT Russ Quinn By , DTN Staff Reporter Connect with Russ: The average retail price of potash
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(494)
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mdjbrown
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Comment by
mdjbrown
on Jul 22, 2021 9:29am
RE:RE:RE:Did KRN take/answer any questions during the AGM
Hi Pp All the greenfield potash hopefuls are facing hurdles right now, and as long as I have been invested in this company there have been reports of interested parties in discussions with Krn
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(21)
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patospower
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Comment by
patospower
on Jul 21, 2021 12:59pm
RE:RE:Did KRN take/answer any questions during the AGM
Hi Dan, that is why I would like to push for clarification. Correct me if I am wrong, but KRN has been "in discussions with interested parties" for Wynyard for a few years now. In the Q MD
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(494)
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mdjbrown
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Post by
mdjbrown
on Jul 21, 2021 9:48am
If there is any bright spot to the lawsuits, at least
they can provide a vehicle for shareholders to learn the truth about their investment. The initial Originating Application filed by Karnalyte opened those doors, and as a result shareholders have had
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(494)
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mdjbrown
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Comment by
mdjbrown
on Jul 20, 2021 8:59am
RE:Did KRN take/answer any questions during the AGM
Pp, at the end of the day what does it really mean when a corporation reports they are in discussions with numerous potential partners? Shareholders are becoming very wary of being updated
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(21)
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patospower
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Post by
patospower
on Jul 19, 2021 6:09pm
Did KRN take/answer any questions during the AGM
I am curious about anything that may have been asked, but specifically if there was mention of the discussions they're having with potential Wynyard partners. They mentioned in Q MD&A that
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(494)
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mdjbrown
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Post by
mdjbrown
on Jul 16, 2021 11:12am
Unfortunately legal costs from 2017 through Dec 31, 2020
would have covered the majority of the initial nitrogen feasibility plans by the looks of the corporate audited financial statements: Of course in the 2018 disclosure the legal costs of putting
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(494)
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mdjbrown
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Post by
mdjbrown
on Jul 14, 2021 9:14am
An update from the corporation would be great
I get asked all the time - Where does the company stand with its lawsuits as these hurdles will be a huge drain on the remaining treasury, if the first one is any indication. More than a $million
...more
(494)
•••
mdjbrown
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Post by
mdjbrown
on Jul 10, 2021 5:41pm
Maybe Padcom can ring the bell
Hindsite is always 20 / 20 when watching the progress of greenfield potash projects in Western Canada In 2013, Encanto, Western, Gensource, and Karnalyte were the junior hopeful in the field
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