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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 crazytownon Feb 07, 2015 12:50pm
161 Views
Post# 23407088

RE:Clarification needed

RE:Clarification needed
If you wanted the share price to go up you would have done the two million dollar pilot plant. If you wanted the share price to go up you would have done a share buy back with interest. If you wanted it to go up you wouldn't of sacked Phinney the potash expert and genius chemical engineer, shortly after he realized you could greatly improve project economics with a higher brine temperature, oh by the way am I just unable to find it or is this valuable info now missing. I could go on, and on. However, this implies that you want the share price to go up, and not down. If you want the share price to trade at almost 50% below cash you are probably doing a great job for someone, just not the majority of shareholders. Just my opinion, good luck to all. PS: Ready to 'VOTE NOW'.
Bullboard Posts