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

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Post by crazytownon Jan 15, 2015 6:36pm

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Post# 23325609

RE:RE:RE:RE:RE:RE:RE:Shareholders are intelligent

Been steadily accumulating shares or as I like to call them 'votes'. Looking to get this ship back on track and hopefully back up in the $8 -$12 range sooner than later. Got to think that with Phinney holding 4 million shares he has the same goal. He is down about 65 million dollars from the high. If anyone wants to get this back on track it has to be him. With such a tiny float any good news could jump this thing a couple of bucks a day. Just my opinion, good luck to all.

Bullboard Posts

The company revolutionizing access to care and natural remedies