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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 Potash1968on Feb 22, 2016 11:11pm
204 Views
Post# 24584112

RE:RE:Robin Its Time

RE:RE:Robin Its TimeHere's whats going to happen.......yes pure speculation.....I don't know anybody or anything.....accept I have been watching the trading patterns for a long time now.....so here goes......time will expire without a deal, # 7 TD and #68 Leede will then try to create the look of shareholders bailing out by knocking down the price pretty hard. This will continue for a few weeks and then out of the blue a deal will be announced and the stock will fly. In others words...they are setting us up for a Head Fake and then the deal will be announced. Yes # 7 TD has been accumulating stock for along time now....presumably for the Indians and Freinds, knocking down the stock, accumulating and then pinning the stock pending the share pricing premium announced with their bid.
Hang tight boys don't be fooled.
Bullboard Posts