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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 lotusprinceon Nov 18, 2013 10:40pm
372 Views
Post# 21917855

Recovered loss in KRN and now loaded to trade again

Recovered loss in KRN and now loaded to trade againI had sold off my  KRN stakes once realizing that SP is not moving even for dead cat bounce. As luck would have it I got a tip from my (broker) which turned out to be very very good and I recovered back my second last trade loss in KRN and ended positive today... with 18% gains.

Only reason I come back to KRN board is to tell people not to chase a falling knife. By any stretch of imagination KRN is junior so far off from mine and with no source of income. There are many opportunities to pull back reasonable losses...... 20, 30 , 50%  if you make a timely decision and get out and switch.

I won't bug this board anymore knowing how much more down this tard is going
Bullboard Posts