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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 crazytownon May 22, 2014 12:51pm
193 Views
Post# 22587927

RE:RE:Welcome to new horror show KRASHALYTE!!!

RE:RE:Welcome to new horror show KRASHALYTE!!!
No Magritte I do not expect him to say he is planning to sell, BUT and it is a big BUT, if he is not planning to sell his shares he could certainly say so. All I hear right now is crickets. That's why I asked if anyone else has heard anything. If he is planning on selling however, by the time it is reported the damage will already be done. Do you really want to get infront of someone who may be angry and trying to unload millions of shares into an illiquid stock that is already tanking? Even at this price Robyn still has a lot to gain by selling if he thinks that the company is going to go down the wrong path. Just my opinion, good luck to all.
Bullboard Posts