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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 FinalEpiphanyon Nov 07, 2013 12:38pm
183 Views
Post# 21885349

RE:RE:What to do but wait

RE:RE:What to do but waitI told u repeatedly that while no two assets are the same, krn's asset has never been worse tham ita peers, in fact, its further along and more advanced than some of them. In addition. Krn has never traded at a discount to peers, let alone to cash, only 3 months ago pre uralkali crash and there is no reason to trade that way now except for forced selling. finally, u are comparing potash ridge, a company at prefeas stage to krn? Seriously?
Bullboard Posts