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.

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Karnalyte Resources Inc > Hindsight is always 20/20

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Comment by Smalliguyon Dec 03, 2020 11:13am

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Post# 32026047

RE:RE:RE:Hindsight is always 20/20

From 2007 to 2013 was the hayday of potash in the province of Sask. Something not seen since the mines first started back in the 60's. I am a supplier to mines and we have seen a huge drop off in demand for our products from the mines.
You can't expect the same response from the market now compared to then.

Price of potash is not the same, Russia was not dumping in the market then.

Things change!

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