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.

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Karnalyte Resources Inc

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Comment by MissingA9on Mar 15, 2016 10:46pm

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Post# 24663128

RE:RE:RE:5 Billion Ton Deposit @ 300 per ton = 150 bil value

someone feel free to correct me but based on the below I would think 5,000,000,000 x 0.14 = 700,000,000 t KCl. But given that this deposit may just be the tip of the iceberg - 5 billion t may not be absurd. We really have blue sky potential here.

if anyone is interested in trivia - the biggest salt water system in North America is located near our deposit (Quill lakes). Big Quill lake is 3 x the salinity of any ocean.

https://www.canada.com/story.html?id=1869eb18-b511-4eeb-895c-cb4c67102e21

Only brine shrimp and a few species of hardy minnows can survive in big quill lake. Why is this unusual body of water the way it is? no it was not cut off from an ocean at some point - rather it is sitting on one of the biggest potash deposits on the planet!!

a $25 stock in a few years I think is a distinct possibility

GLTA and congrats to those who took a chance on this beaten down stock ... and for the long term "bagholders" hang in there - you may be green again before you know it

Rocketred2015 wrote:
2011-11-04 08:16 KRN Karnalyte Resources Inc 17.00 News Release Karnalyte Resources appoints Durfy to board 2011-11-03 07:10 KRN Karnalyte Resources Inc 17.00 In the News FP says good growth expected from Karnalyte, others 2011-10-31 16:10 KRN Karnalyte Resources Inc 17.23 News Release Karnalyte files EIS for Wynyard 2011-10-24 08:06 KRN Karnalyte Resources Inc 16.44 News Release Karnalyte's Wynard capacity at up to 2.12Mt KCl yearly 2011-09-29 09:49 KRN Karnalyte Resources Inc 15.44 In the News Post says Allana, others have good cash positions 2011-09-09 18:07 KRN Karnalyte Resources Inc 16.90 Miscellaneous Karnalyte Resources added to S&P/TSX index 2011-09-01 08:23 KRN Karnalyte Resources Inc 14.35 News Release Karnalyte's Wynyard at 4,984 Mt of 14.4% KCl indicated 2011-08-12 07:38 KRN Karnalyte Resources Inc 12.20 News Release Karnalyte Resources loses $1.17-million in Q2 2011 2011-08-11 18:20 KRN Karnalyte Resources Inc 11.56 SEDAR Interim Financial Statements SEDAR Interim Financial Statements 2011-08-11 18:20 KRN Karnalyte Resources Inc 11.56 SEDAR MD & A SEDAR MD & A 2011-08-04 07:57 KRN Karnalyte Resources Inc 12.98 In the News Globe says Smedley recommends buying Karnalyte

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