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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

Comment by mdjbrownon Nov 27, 2020 10:29pm
181 Views
Post# 31993637

RE:RE:News! 17th PR SEDAR Nov 26th -Evidence-Free Alternate Facts

RE:RE:News! 17th PR SEDAR Nov 26th -Evidence-Free Alternate FactsAri, unfortunately this csg crusade has dwarfed into a continued Interim CEO bashing exersize.  

Really narrows things down as the author of these public rants clearly has a very personal,  deep seated issue with the current Interim CEO, and I can only think of one person that fits that bill but who also has the literary expertise to write these continued rants!

Several of the stated "facts" are disproven by simply reading the Rights Offering available on SEDAR.

I get the feeling these guys feel like they were taken advantage of by GSFC, are now worried about their investment going to zero, and all I can say is welcome to the club!

Only difference is, these dissident directors all doubled their holdings as a result of that .17 Rights Offering despite the fact that they knew it was highly dilutive to all shareholders in GSFCs favor, so you know where to find sympathy in the dictionary.




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