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

Karnalyte Resources Inc

Bullboard Posts

Post by crazytownon Jul 22, 2014 6:25pm

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Post# 22771589

RE:Phoscan

KRN has nothing whatsoever in common with phoscan other than both currently trade below cash. KRN does however have a lot in common with wpx, aaa, that both trade way above cash. KRN would basically have to more than triple to be in line with it's piers. PS: lazyass, I'm not bashing, I actually want this thing to go up and reflect it's actual value which I currently believe is over $3.50 at minimum before it is bought out for 2 bucks, and with such a tiny float it wouldn't in my opinion take much for this rise to happen. Just my opinion and good luck to all.

Bullboard Posts

The company revolutionizing access to care and natural remedies