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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 realitytimeon Oct 09, 2014 10:37am
294 Views
Post# 23014226

No Insider Buying Says it All!

No Insider Buying Says it All!
Looks like the guys running this company and controlling the cash don't think it's worth a purchase with their own money? Think about it, AND ASK YOURSELF WHY? Very disturbing ISN'T IT? What do they all know or think with all their inside knowledge of what's going on with KRN that stops them from putting their own money at risk? Do they not think KRN is a good investment at this price? WHY? Do they think it's going much lower? To be a fly on the wall. Just some questions that need answers? With out any answers, imagine what is going to happen as markets correct and tax loss selling approaches. My thoughts only, what are yours?
Bullboard Posts

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