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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. 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.


TSX:KRN - Post by User

Bullboard Posts
Comment by kjk3on Jul 31, 2013 12:36pm
314 Views
Post# 21641646

RE:RE:Hey Catchup, you are broke

RE:RE:Hey Catchup, you are broke
LOL! nice try Cach. If you sold over a month ago at around $6.60, the why did you post this two weeks ago when the price was around $580ish??


User avatar
4 stars
July 15, 2013 01:51 am

Yes, I believe you are right retiree, it is directly related to the fact that Krn is 55% institutionally owned, with a further 18% owned by management. It creates an enviorment where a few can influence the share price.
Krn is the closed junior to commencing production, this is a $60+stock in full production, and IMHO this is a shoe in for becomming a producing mine.
You may have noticed retiree that when Epo's SP drops I don't come on the board and gloat, and when it becomes clear to everyone that EPO will never be able to build a $4B mine and retain shareholder value I will also refrain from gloating.


And then this on July 4th

Cache got what deserved

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User avatar
4 stars
July 04, 2013 10:15 am

Yes, my friends. The SP is ailing helped in no small part by a low retail float and terrible volume.
Of course I don't like to see it, but I am open to great buying opportunities.
Losecash- I don't think I put an end date of this week on which mine will get built.
i believe both KRN and AAA will build their mine, and I have stated here publicly that I don't think Wpx will.

See you in 2014 for that plate of crow. I will gladly eat it if I'm wrong.
I suspect you won't if your proved wrong.


Never mentioned that you sold until now. ya, right....

ZERO CREDIBILITY.

Bullboard Posts