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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Chemicals Consumer Cyclical Chemicals Advertising Agencies
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

Karnalyte Resources Inc
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(4)
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Comment by businessenseon May 23, 2014 1:56pm
192 Views
Post# 22593225

RE:RE:RE:Panic in Detroit

RE:RE:RE:Panic in DetroitTrue, and they they can afford to wait. They got options and why buy until they see something close to getting done why jump in. But when they do, watch out. Why I think nothing will happen for several months. Let it get hammered then buy. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities