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.

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Karnalyte Resources Inc

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Comment by RoyHalladayon May 27, 2018 8:42pm

366 Views

Post# 28086748

RE:Quite the weekend ......

mdjbrown wrote: Not sure how many of you have been pubically called out on a global stage before, but for those of you havent, heres what to expect in the first 3 days:

Lots of emotions varying from anger, sympathy, anxiety, and sleepless nights laying in bed wondering why now, why this, why that

Then comes all the emails, texts, phone calls ranging from well wishes, lots of advice, offers of help, and even laughter at my expense.

Curvy you may be the only one on this board that finds this humerous, but oh well I am already front and center in the court of public opinion.

A buddy who comes from your corporate world calls me this afternoon, and right away he is on me about how the f could I be so dumb, and continues his rant for a minute or so.

Then there is a pause and he says, you dumb f, I wouldnt touch a deal like that for less than $500K , half on signing an MOU and the other half on close.

After tax your only taking home $350 max!

I dont work for free, do any of those a*&^%$ oles at KRN work for free?
Why are you doing their job for them?
What have they sdone to earn their pay?

followed by lots of laughter again at my expense.

Anyway, the corporate world is a completely different world curvy than I am used to, and one I will never pretend to understand.

After he finished rolling on the floor in hysterics, one thing he told me, and its the second time I have heard it this weekend, is the corporate world uses the court system as a tool for various purposes all the time. He has done it, and most of the other companies he's worked for do it.

A corporation lies, then deny that lie until right before they are about to be proven liars, and then they settle out of court with corporate money,and a non disclosure condition attached, so no one ever finds out the actual truth.

I asked what kind of system is that to get to the truth. His reply: The truth does not matter. only the end game matters. The corporate system is designed that way.

I am still shaking my head!