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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 amhbon Apr 28, 2015 8:26pm
143 Views
Post# 23674124

RE:only value here is cash on hand.......project uneconomic....

RE:only value here is cash on hand.......project uneconomic....Hey Non-zeus

Zeus was a powerful god that guided people using brains and knowledge.

You have neither.  Go back to your broker and sell you shares.  When the concerned shares holder win, the stock price will rise and you can cry about it.  

Current cash ($7,000,000+ spent last year, ) would NEVER go to you if they "close up shop".  Greed will not allow it. There would be zero or less in the bank.

What lies have you been told that you keep bring that up?  You would get nothing.  What do you think the concerned group is all about?  "revenge"  No, it about running a company properly and not stealling money from the share holders.  and instead making real investment.  

If you want 'safe money" put it in a Canada Savings bond.

Return $ to investors will NOT EVER HAPPEN.  Sell your shares, put it in a CSB.  You are not ready for stock market.

There is a significant difference between spending money to make money and blowing money.

Bullboard Posts