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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
Post by businessenseon Aug 30, 2016 7:14pm
168 Views
Post# 25193248

Deal

Deal1. Robin did say they were still trying to work towards an agreement on the spin-co. 
2. As to who ended talks and why, they kind of both did depending on what point they couldn't agree on and why. 
3. Buy low sell high! Tell that one to those who bought 6 years ago based on the same refrain. 

Kind of defies logic no matter how optimistic one is. Starting to sound like the Pied Piper as who knows how many more years it will be and the value that is tide to so many predictions that is far from batting a thousand as many of those he convinced to invest are grinning and bearing it. Unless you paid a buck and not into this more than a couple of years, have anything to be content with.
Bullboard Posts