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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
Comment by MiddleGroundon Mar 31, 2015 1:34am
88 Views
Post# 23580014

RE:RE:Food Security for India

RE:RE:Food Security for India God Bless...
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moabK2SO4 wrote: Change of heart eh business. Last May when Phinney was shown the door, several shareholders posted that they wanted Drolet to get busy, and not sit around doing nothing. Both your reply and Curvatures reply to them was management has enough cash to ride the potash downturn out, so basically sit back, relax, wait it out and don't rush into any unfavorable financing. There was no need to do anything stupid. Now you support this mad scramble to procure a mystery financing when things are not much better than they were then. So what has changed other than management is blowing years worth of reserve cash and they know their time with KRN is coming to an end.? They hold no shares so I guess they may as well sell the actual shareholders out if they can get there hands on a huge going away bonus eh! jmho God Bless K2SO4


Bullboard Posts