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.

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Karnalyte Resources Inc

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Comment by TimTimTimon Jun 16, 2014 6:54pm

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Post# 22664930

RE:RE:RE:RE:RE:RE:RE:It will be Taken Out!!

I agree with your take on the Govt guy. Cant answer for sure as to why Robin cant buy shares at this time, will try to find that answer for you. I was told those loyal to him are doing just that. I agree that the lack of Insider buying has been disconcerting over the past year and that something doesn't feel right here. IMO all the bad vibes come from the new management.

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