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

Karnalyte Resources Inc

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Comment by IXL1969on Mar 08, 2016 11:01am

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Post# 24634323

RE:RE:RE:RE:RE:Framework Agreement

Pretty sure Robin knows he can't trust these clowns with a nickle to run to corner store and get him a stick of gum. Would love to see the Mag play go ahead, the Indian bank call GSFC on the loan, and KRN buy back their shares for pennies on the dollar, hand them what they deserve. Turn this ship around with out them.

They wanted their bread buttered on both sides, and tried to make sure shares holders didn't even get a slice.

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