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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
Post by FinalEpiphanyon Oct 31, 2013 1:15pm
304 Views
Post# 21865758

I'm glad that they have made a press release like asked

I'm glad that they have made a press release like askedI spoke to Ron extensively yesterday and I told him there were serious concerns about whether there was something wrong with the company that would cause the share price to drop by a lot of people. He assured me there was not. I told him that it would be good to put that in a public press release stating that nothing is wrong internally and everything is going normal and he said he would seriously consider it and bring it up in the board meeting yesterday afternoon. It looks like he listened and they acted. Im just doing my small part and am still faithful. These guys do listen to shareholders when u talk to them so thats a positive, with time things will improve.
Bullboard Posts