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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 longrunon Aug 21, 2013 3:16pm
116 Views
Post# 21687305

RE:Dead Money

RE:Dead MoneyI bought this stock because of low float ,and cash on books ,,,But i don,t understand is why stocks like AAA,,WPX with tons of stocks out has performed so good in potash carnage they have bounced of very nicely from the lows from 37 cents to 45 cents average and this POS is going down and down every day since then ,,,only few hundred thousand shares take it down 10-20 % why no one is buying it ,,,Why company is not buying its own shares at these levels ,,they could have supported the stock at 3 bucks easily if they have anounce even 3-4 millions of share buy back.


Bullboard Posts