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.

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Karnalyte Resources Inc

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Post by crazytownon Jan 15, 2015 10:19pm

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Post# 23326256

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

How else can these guys can keep their job unless they announce an amazing financing deal before the vote. This is going to be a real interesting time. Something is going to happen, and I think with all the pressure coming it will be sooner than later. If someone is planning a takeover, again time is running out. Any positive news will send this up like a rocket. Just my opinion, good luck to all.

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