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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 businessenseon Apr 01, 2015 11:37am
88 Views
Post# 23586831

RE:RE:RE:RE:RE:let me ask you...

RE:RE:RE:RE:RE:let me ask you......as for sitting on the money, I could do that by leaving my money in the bank. We all invested in this for them to GENERATE INCOME and GSFC invested to get Potash. Never did Mr Phinney say give me your money so I can sit on it or spend it buyng back shares or other ventures that were not the primary business plan. The facts will be revealed soon enough and if anyone is unhappy with the outcome, remember who made the promises and put the deal you all now have to live with. Until I hear to the contrary, the current management is the only one looking to fulfill that commitment.  That manifesto we all got is just more Phinney BS.
Bullboard Posts