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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 winspear1on May 09, 2015 4:09pm
158 Views
Post# 23711849

RE:RE:RE:75 cent Karnalyte’s (T.KRN) $37 million cash worth $1.35 per

RE:RE:RE:75 cent Karnalyte’s (T.KRN) $37 million cash worth $1.35 perAnyone can write an article or blog about anything no matter how misguided or

misleading that article may be.  My problem would be if the current BOD and

CEO are using KRN money to have such an article written.

It's hard to imagine what their end game is here, since they have no support from

shareholders and no obviously no idea about a potash project.

All i know is this-- CFO resigned and would not put his name to year end financials that

included write down of asset. HMMMM

My final thought is for BOD and CEO--nomatter what friendships you think you

have within this group or what promises have been made, rest assured that when

the finger pointing is started all of that will go up in a puff of smoke.

Don't be the one holding the bag because everyone will try to save themselves, just

ask departed Ron or Hall.

THE RIGHT THING TO DO IS HAND OVER THE KEYS TO PHINNEY

































My final thought is to BOD and CEO--- nomatter what friendships you think you have


Bullboard Posts