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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 23, 2013 9:51am
114 Views
Post# 21692278

RE:RE:RE:RE:KRN valuation relative to peers: Western Potash (WPX), Allana Potash (AAA) and Encanto Potash (EPO)

RE:RE:RE:RE:KRN valuation relative to peers: Western Potash (WPX), Allana Potash (AAA) and Encanto Potash (EPO)Advisor u r doing great job bringing out the good aspects of company ,,,No doubt it is most undervalued poatsh stock now in the Universe,,,like u compare its valuation to AAA,,WPX<,<ECO,,,,,it is way way cheaper ,,

But market is not giving it any credit ??? Why WHY WHY 
 Ok we know BMO and Anoys are big sellers since this crash started,,but why no other Funds or Big money is not buying it ,why it has no support ,,Money mangers are looking ofr 10-20% return ,but here is a stock that is grossly undervalued and has potential of 300-400% return ,but they are not buying it .,,

WHY insiders are not Putting their money now at such a cheap levels ,,Why & WHY,,

DID U ASK CEO WHEN  SOME ONE TALKED TO HIM THIS WEEK <THAT WHY INSIDERS ARE NOT BUYING HERE..

UNTILL insiders not started putting there money into the stock at such a cheap valuations ,,how will other Big money start buying it ????
Bullboard Posts