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

Bullboard Posts

Comment by IXL1969on Nov 10, 2016 11:59am

275 Views

Post# 25445148

RE:RE:The Blacklist…….

Why are insiders not exercising their cheap options, now that there are no blackouts in place. ??

Hopefully it is because they are seeing the result of optimization program, brine concentration expectation, and proof of concept. Hopefully they see real opportunity to make better gains on their options next year vs today. They are seeing today what we must wait for.

We need lower capex cost to compete, and we need price of potash at or above the $275 usd mark. Why would you sell exercise options if you see better times ahead?

Bullboard Posts

Understanding tax loss season and the “Santa Claus rally”