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 Oct 03, 2014 11:55am

250 Views

Post# 22995934

RE:RE:RE:INCREDIBLE!!!

Hey ss76, since we're all making predictions, I think by febuary, KRN will be trading well over a buck again if at all. Can't see KRN staying this far below cash for too long without the Indians making a move, especially with the weak Canadian dollar. They didn't invest all that money at 8 bucks a share just to pay these guys salaries. Ironically, we are all focussed on the cash, but with the dollar getting hammered the project keeps looking better and better. Just my opinion, and good luck to all.

Bullboard Posts

First Nations contributions attract investor interest