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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

Bullboard Posts
Post by crazytownon Jul 24, 2014 8:28am
273 Views
Post# 22776699

RE:RE:DIsturbing!

RE:RE:DIsturbing!
I was referring to Page 20 of the KRN corporate presentation, where they still state that management and directors hold about 15% of the outstanding shares. Unless I am missing something this clearly must include Robyns shares as without them they have very little or should I say miniscule in comparison skin in the game. However, on the same presentation on page 16 they did not hesitate to quickly remove him lightning fast from being listed once as CEO and then removed again as a director where he once was. If they did one, should they not do the other? This just seems very Disturbing and perhaps even dis?????, (you can fill in the rest of the word) several might apply. One traders view only, dyodd.
Bullboard Posts