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.

TSX:KRN - Post by User

Karnalyte Resources Inc

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Comment by businessenseon Aug 10, 2016 3:31pm

157 Views

Post# 25127756

RE:Robin and his Team Saved Shareholders and KRN

I get the anger, but then what? Depending on what post you read, KRN may be trying to restrict too much. If Potash was still at $450 pmt everything would be a lot diferent. Unfortunately it isn't and very complicated given the amount needed and the reality of what is involved. Let us hope common sense will prevail.

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