Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

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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.

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Karnalyte Resources Inc

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Post by businessenseon Oct 16, 2015 8:41am

169 Views

Post# 24197020

Frivolous?

Be surprised if they got an injunction, but will KRN respond correctly or add to the confusion. How long will it take?

Robin has not appeared to me to be hasty when it comes to this esspeically knowing he had a 8 months to work with GSFC. So it doesn't seem to make sense. Waiting more than 2 years to collect is idiotic an past the statute of limitations that I recall being 2 years.

Still not a situation any one wants to be in.

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