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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
Comment by AriW16oon Jul 28, 2020 11:01am
359 Views
Post# 31330585

RE:RE:RE:The past is often an accurate prediction of the future

RE:RE:RE:The past is often an accurate prediction of the futureyes, when I read the news release I only see additional cost here and there.

Of course GFSC is smart, I think they planned it very thouroghly from the beginning they invested and with any means necessary they got finally what they wanted "full control of company".

Divide & Conquer Strategy worked well due to selfish, greedy people.
If only those people did the right thing in the past, acted for benefits of all shareholders, the Right Offering won't happen. They did not care the suffering of other people, other small and poor people. I believe things would be very different if they really look up to other shareholders, respect the founder and good friends, in the end they themselves will benefit the result.

Since there is still 5 months time, could it be possible a third group will surface? A group of founder's supporters, families and friends? If good people stay quiet then bad guys will always take control.

Bullboard Posts