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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 realitytimeon Jul 23, 2014 12:13pm
273 Views
Post# 22773968

DIsturbing!

DIsturbing!
Insiders refuse to spend one cent of their salaries on buying shares. Disturbing. They remove Robyn from company and website, but leave his shares listed as management and directors. Disturbing. Robyn currently has nothing to do with KRN other thant being a huge disgruntled shareholder. Disturbing. Whitemud currently trades at .03 cents and Mr. Love was the Vice President Finance and Chief Financial Officer for Whitemud Resources Inc.,. Disturbing. Funds couldn't wait to dump KRN, and it has languished with a $1.10 price target to add insult to injury. Disturbing. I could go on, but some may find it too disturbing. One traders views only, dyodd.
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Dealroom for high-potential pre-IPO opportunities
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