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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Chemicals Consumer Cyclical Advertising Agencies Basic Materials
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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Post by crazytownon Jul 22, 2014 2:08pm
250 Views
Post# 22770515

RE:IR Responsibility

RE:IR Responsibility
Dear Mr. Lazyass, care to share all of this educated information that IR has so helpfully provided to you? Please don't hold anything back, any information would be welcome. We wait in great anticipation for you to explain WTF is going on here. Let's start with their opinion on why the share price is trading almost 50 cents per share below cash value and then explain why at this kind of discount they don't think a share buyback is a good idea when all the other potash juniors are trading way above cash value. Then please explain why they got rid of Robyn. Then please explain what their next move is going to be. Thanks in advance. Just my opinion, good luck to all
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities