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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 jerichojon Jun 24, 2015 12:17am
138 Views
Post# 23862141

RE:That was waste of time.....

RE:That was waste of time.....Your absolutely right Realworld66. The whole problem is that they haven't talked to highways to cross the road for rail. If there was a fully functional mine sitting there. Provincial Highway would totally trump a federal rail that is exporting product overseas with royalty and taxation for the province. You should have called in as a shareholder with your concern, they had it set up!!

Have you looked up whitemud? Karnalyte started well before they went bankrupt. Guess who was in charge of the money and CFO when they filed bankruptcy? If anything whitemud was built and operating.  It takes a special kind of failure in life to screw that up. I'm just glad he's no longer with the company and we still have money in the bank to rebuild. 


Jerichoj
Bullboard Posts