Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

Chemicals Consumer Cyclical Chemicals Advertising Agencies

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

Karnalyte Resources Inc

Bullboard Posts

Comment by businessenseon Feb 04, 2016 3:16pm

104 Views

Post# 24525388

RE:RE:RE:RE:RE:RE:RE:RE:RE:Are Family members trading on inside information?

I do not want to repeat myself, but it is peanuts in valuation and more time to find or negotiate an aagreement another party or raise sufficient cash in 5 years to go on his own....more waiting, uncertainty thinking something is better? How many more years? Anyhow let's see what happens

Bullboard Posts

StockTalk | Gold Report: A week of mineralized expansion