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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 Smalliguyon Dec 03, 2020 11:36am
129 Views
Post# 32028038

RE:Karnalyte proxy and Management circular out on SEDAR

RE:Karnalyte proxy and Management circular out on SEDARI refuse to invest in a company that has had such turmoil. Not that dissedent groups are bad, it happens but they go away. With this company it doesn't go away and that is what is driving share price down. Potash is not what it used to be.

Its like expecting Crescent Point to be back up to $15.00 per share. Times have changed.

i don't care how many shares you have. Sell. Invest in something thats growing like BITCOIN, maybe you invest in the restaurant industry as it will bounce back.

How about airlines.

Sounds like you made some bad investment and didn't get out on time. Time to put your cash to work somewhere else. Unless you put all of your eggs in one basket???? If you did, you failed in basic investment 101.


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