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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 crazytownon Oct 10, 2014 10:55am
281 Views
Post# 23018353

RE:RE:RE:KRN may still have a future

RE:RE:RE:KRN may still have a future
Completely agree with you curvy, that would be the INTELLIGENT THING TO DO? However, the biggest risk right now is they will not take your advice and do something really stupid with the cash in addition to the stuff they already are doing like trying to start a magnesium stand alone, when it was meant to be a bi product and blowing all the cash. Just my opinion, good luck to all.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities