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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 Aug 14, 2014 11:28am
181 Views
Post# 22841663

RE:RE:RE:besides

RE:RE:RE:besides
Natural gas is currently trading 50% cheaper than the numbers used in the feasibility study PERIOD!!! That is what matters as far as natural gas PERIOD, please stop trying to make a positive a negative. In addition it will be incredibly easy to move KRN share price higher because there is a ridiculously and unusually tiny float. It would take very little cash or buying interest to suddenly drive this share price up a buck at a time. Ironically KRN with it's huge cash balance could easily drive it's own share price higher any time it wanted, or even buy it's entire float at these ridiculous prices with plenty of cash to spare. Once she starts moving, watch that gap get filled in a few days. Good luck trying to catch her. Just my opinion good luck to all.
Bullboard Posts