Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by businessenseon Mar 13, 2015 8:26pm
208 Views
Post# 23520203

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LINK TO KRNshareholders website

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LINK TO KRNshareholders websiteSomeone made a comment about Manulife and a paticular fund manager who was let go. They wanted to know why it was not disclosed. I refered to the Special AGM meeting and comments made by nonoe other than, about not being able to get the funding and why this "fund manager" was let go.

And yes, based on the discussions I have had with Robin and everything said, I do not dislike the man, but I would not keep someone who made representation on the payroll if I had to go out and get the financing myself. Not to mention, incapable of fulfill his obligation to produce the product I have contracted him to do for 20 years after investing $45 Million and prepared to add another $15 Million. I don't know how many of you would do a deal like that and say, "No problem, just send me my potash whenever you get around to it".

I doubt anyone would do a deal like that, but you are all making it sound OK and that we have all been wronged.  Ultimately, I don't expect him to get any offers to sit on any other Boards any time probably ever given these latest antics and lack any constructive approach to resolving this obstacle by pointing fingers. Something that only reafirms he is not the man for the job and unable to see it, because you all seem to think building a pilot plant in a less than proven method without any commited buyers is a better option. Just Brilliant.
Bullboard Posts